CTHIn ForceAct
Offshore Minerals Act 1994
157Effect of application for mining licence on term of retention licence
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157 Effect of application for mining licence on term of retention licence
If: (a) a retention licence holder applies for a mining licence over the licence area, or part of the licence area, of the retention licence; and (b) the current term of the retention licence expires; and (c) a grant of the mining licence does not take effect before the current term of the retention licence expires; the retention licence remains in force until: (d) the grant of the mining licence takes effect; or (e) a provisional grant of the mining licence lapses; or (f) the application for the mining licence is withdrawn or refused.