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Offshore Minerals Act 1994
97Grant of licence extension—other circumstances
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97 Grant of licence extension—other circumstances
(1) Subject to subsection (2), if an exploration licence holder applies for an extension under section 96, the Joint Authority: (a) may grant an extension of the licence; or (b) may refuse to grant an extension of the licence. (2) The extension must not be for a period that is longer than the period of the suspension or exemption. (3) The extension may be granted subject to whatever conditions the Joint Authority thinks appropriate.