55Term of a research and demonstration licence

55 Term of a research and demonstration licence

(1) Before granting a research and demonstration licence, the Minister must determine the end day of the licence. (2) The end day of a research and demonstration licence must not be later than the day after the period of 10 years beginning on: (a) the day on which the licence is granted; or (b) if a later day is specified under paragraph 52(3)(b) as the day on which the licence comes into force—that later day. However, this subsection does not limit an extension of a research and demonstration licence under provisions of the licensing scheme made for the purposes of section 56. (3) The licensing scheme may provide for the manner in which the end day of a research and demonstration licence is to be determined. Effect of end day (4) On or after the end day of a research and demonstration licence, the licence does not authorise the construction, installation, operation or maintenance of offshore renewable energy infrastructure or offshore electricity transmission infrastructure, except to the extent necessary to decommission infrastructure.

Note: The licence remains in force until cancelled under section 73 or surrendered under section 74.