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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.