TASIn ForceAct
Mineral Resources Development Act 1995
73Pending applications for leases
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### 73 Pending applications for leases
> > (1) An application for a lease is pending from the marking out of the land until whichever of the following happens first:
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> > > > (a) the application is granted;
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> > > > (b) the application is refused;
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> > > > (c) the application lapses;
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> > > > (d) the application is withdrawn.
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> > (2) An application for a lease lapses 12 months after the marking out unless the Director extends that period.
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> > (3) The Director may only extend the period of 12 months if satisfied that –
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> > > > (a) the failure to determine the application is not caused by default of the applicant; or
> > >
> > > > (b) there is sufficient reason to do so.