#### 47 Joint Authority may cancel or not renew exploration licence without compensation No compensation is payable because of the cancellation or non‑renewal of an exploration licence by the Joint Authority. > Note 1: The Joint Authority may cancel the licence under section 130. > Note 2: The Joint Authority may refuse under section 108 or 109 to renew the licence.

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Section 47 - Offshore Minerals Act 1994 - Joint Authority may cancel or not renew exploration licence without compensation — Zoe