NSWIn ForceAct
Mining Act 1992
27Term of exploration licence
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#### 27 Term of exploration licence
27 Term of exploration licence
> An exploration licence—
>
> > (a) takes effect on the date on which it is granted or on such later date, or on the occurrence of such later event, as the decision-maker may determine, and
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> > (b) ceases to have effect on the expiration of—
> >
> > > (i) 2 years after the date on which it took effect, in the case of an exploration (mineral owner) licence, or
> >
> > > (ii) such period (not exceeding 6 years) as the decision-maker determines, in the case of any other exploration licence.
>
> **s 27:** Subst 2008 No 19, Sch 1 \[26\]. Am 2015 No 40, Sch 1 \[13\].