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Offshore Minerals Act 1994
134Joint Authority may cancel or not renew retention licence without compensation
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134 Joint Authority may cancel or not renew retention licence without compensation
No compensation is payable because of the cancellation or non‑renewal of a retention licence by the Joint Authority.
Note 1: The Joint Authority may cancel the licence under section 189 or 190.
Note 2: The Joint Authority may refuse under section 165 or 166 to renew the licence.