57Exemption from periodic plan revision requirement

57 Exemption from periodic plan revision requirement

(1) If an approval of a management plan for a relevant licence is in effect, the licence holder may apply to the Regulator, in writing, for an exemption from the requirements in subsection 56(1) in relation to the licence. (2) The Regulator may, by written notice to the licence holder, grant the exemption if the Regulator is satisfied that: (a) no licence activities are occurring under the management plan; and (b) there is no licence infrastructure in the licence area.

Note: If an exemption under this section is in effect in relation to a relevant licence, the periodic revision obligation in subsection 56(1) does not apply (see that subsection and paragraph 56(4)(b)). However, sections 53 (Regulator may direct licence holder to revise management plan) and 60 (other circumstances in which licence holder must make a plan revision approval application) continue to apply.

Revocation of exemption (3) An exemption under this section is taken to be revoked if the Regulator gives the licence holder a direction under section 53 in relation to the relevant licence.

Note: See also subsections 33(3) and (3AA) of the Acts Interpretation Act 1901.