117General

#### 117 General (1) The sources of obligations associated with an exploration licence are: (a) the licence conditions; and (b) obligations arising from compliance directions given by the Designated Authority; and (c) obligations imposed by this Act and the regulations. > Note: For paragraph (a) see sections 118 to 120. For paragraph (b) see sections 387 and 392. For paragraph (c) see sections 123 to 125 and section 372. (2) If an exploration licence has 2 or more holders, all the holders are jointly and severally bound by the obligations that attach to the licence.