120Variation of conditions

#### 120 Variation of conditions (1) If: (a) an exploration licence holder requests the Designated Authority in writing to vary a licence condition; or (b) an exploration licence continues in force because of section 93; or (c) an extension of an exploration licence is granted under section 95; or (d) part of the licence area of an exploration licence is surrendered under section 99 or 100; the Joint Authority may vary a licence condition. (2) If a Designated Authority gives: (a) a direction under section 387; or (b) an approval, consent or exemption under the regulations; to an exploration licence holder, the Joint Authority may vary a licence condition to the extent necessary to avoid inconsistency between the licence conditions and the direction, approval, consent or exemption. (3) The Joint Authority may vary a licence condition subject to whatever conditions the Joint Authority thinks appropriate. (4) If the Joint Authority varies a licence condition, the Designated Authority must give the licence holder a written notice that: (a) informs the holder of the variation; and (b) specifies the conditions which have been varied; and (c) specifies any conditions to which the variation is subject.