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Section 59 - Mineral Resources Development Act 1995 - Term of retention licence — Zoe

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Mineral Resources Development Act 1995

59Term of retention licence

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### 59 Term of retention licence > > (1) [*\[Section 59 Subsection (1) amended by No. 24 of 2013, s. 65, Applied:28 Jun 2013\]*](/view/html/inforce/2013-06-28/act-2013-024#GS65@EN) A licence, unless revoked earlier or extended under [subsection (2)](#GS59@Gs2@EN) , is in force for a period, not exceeding 5 years, as the Minister determines. > > > (2) The Minister may extend the term of a licence for any period or periods each not exceeding 5 years.

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