60ABReturns

### 60AB Returns > [*\[Section 60AB Inserted by No. 24 of 2013, s. 66, Applied:28 Jun 2013\]*](/view/html/inforce/2013-06-28/act-2013-024#GS66@EN) > > > (1)  [*\[Section 60AB Subsection (1) amended by No. 44 of 2017, s. 23, Applied:21 Nov 2017\]*](/view/html/inforce/2017-11-21/act-2017-044#GS23@Hpa@EN) A licensee, if requested by the Director by notice in writing, is to submit to the Director, within 28 days after the end of a quarter, a return (a ***quarterly return***) in relation to the quarter. > > > (2)  A quarterly return is to be in the approved form, if any. > > > (3)  A quarterly return in relation to a licence is to – > > > > > > (a) specify the expenditure, during the quarter to which the return relates, on each category of exploration, under the licence, that is listed in the approved form, if any; and > > > > > > > (b) specify the progress of the exploration program under the licence during the quarter; and > > > > > > > (c) specify any rehabilitation, of the area of land comprised in the licence, that was undertaken during the quarter; and > > > > > > > (d) [*\[Section 60AB Subsection (3) amended by No. 44 of 2017, s. 23, Applied:21 Nov 2017\]*](/view/html/inforce/2017-11-21/act-2017-044#GS23@Hpb@EN) contain any other statistical information that is specified in the form, in the reporting guidelines, or by the Director by notice in writing to the licensee, as being required to be contained in the return. > > > (4)  A licensee, by the anniversary, in each year, of the date on which the application for the licence is granted, is to submit to the Director a return (an ***annual return***) in relation to the 12-month period before that anniversary. > > > (5)  An annual return is to be in the approved form, if any. > > > (6)  The Director may, by notice to a licensee, require the licensee to submit to the Director, by the date or dates specified in the notice, the information specified in the notice as required to be submitted by the licensee. > > > (7)  A licensee must submit to the Director, by the date or dates specified in the notice to the licensee under [subsection (6)](#GS60AB@Gs6@EN) , the information specified in the notice as required to be submitted by the licensee. > > > > Penalty:  Fine not exceeding 50 penalty units. > > > (8)  The information specified in an approved form, or a notice under this section, as required to be submitted by the licensee, may include an audited report.