Offshore Minerals Act 1994
8Successor licences
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8 Successor licences
(1) If: (a) a mining licence takes effect immediately after an exploration licence expires; and (b) the holder of the mining licence immediately after it takes effect was the holder of the exploration licence immediately before it expired; the mining licence is a successor licence to the exploration licence. (2) If: (a) a retention licence takes effect immediately after an exploration licence expires; and (b) the holder of the retention licence immediately after it takes effect was the holder of the exploration licence immediately before it expired; the retention licence is a successor licence to the exploration licence. (3) If: (a) a mining licence takes effect immediately after a retention licence expires; and (b) the retention licence took effect immediately after an exploration licence expired; and (c) the holder of the mining licence immediately after it takes effect was the holder of the retention licence immediately before it expired; and (d) the holder of the retention licence immediately after it took effect was the holder of the exploration licence immediately before it expired; the mining licence is a successor licence to the exploration licence and the retention licence.