CTHIn ForceAct
Offshore Minerals Act 1994
188Automatic expiry of retention licence when mining licence takes effect
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188 Automatic expiry of retention licence when mining licence takes effect
If: (a) a retention licence is in force under this Act; and (b) the Joint Authority provisionally grants a mining licence over all or some of the blocks in the retention licence area; and (c) the provisional grant of the mining licence is properly accepted; and (d) the grant of the mining licence comes into force; the retention licence expires in relation to the blocks covered by the mining licence.