Sch 5Prospecting licence

Schedule 5—Prospecting licence

Regulation 28(3)

I, [insert name], *the Minister/*acting as delegate of the Minister, grant to [insert full name of holder] of [insert address of holder] this prospecting licence. The licence is granted under section 25 of the Act and is effective *to/*for [insert expiry date or term of years from date of registration].

This licence is subject to the Schedule of Conditions attached and the following condition:

The licensee must, from the date of registration of the licence, expend
$ per year on work in the licensed area, unless this requirement is varied, or application of this requirement is suspended for a specified period, in accordance with the Act.