Offshore Minerals Act 1998
sec.103How to apply for renewal
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sec.103 How to apply for renewal
The application must— be made in accordance with the approved form; and be made in the approved way; and include details of— the activities carried out by the applicant under the tenure during its current term; and the amount of money spent by the applicant in relation to the sub-blocks covered by the tenure during its current term; and the activities that the applicant intends to carry out under the tenure during the term applied for; and the amount of money that the applicant intends to spend on those activities during the term applied for; and specify the sub-blocks that the applicant nominates for surrender under section 104 . For paragraphs (a) and (b) see section 41 . The applicant may include in the application any other information that the applicant considers relevant. (sec.103-ssec.1) The application must— be made in accordance with the approved form; and be made in the approved way; and include details of— the activities carried out by the applicant under the tenure during its current term; and the amount of money spent by the applicant in relation to the sub-blocks covered by the tenure during its current term; and the activities that the applicant intends to carry out under the tenure during the term applied for; and the amount of money that the applicant intends to spend on those activities during the term applied for; and specify the sub-blocks that the applicant nominates for surrender under section 104 . For paragraphs (a) and (b) see section 41 . (sec.103-ssec.2) The applicant may include in the application any other information that the applicant considers relevant.
- (a) be made in accordance with the approved form; and
- (b) be made in the approved way; and
- (c) include details of— (i) the activities carried out by the applicant under the tenure during its current term; and (ii) the amount of money spent by the applicant in relation to the sub-blocks covered by the tenure during its current term; and (iii) the activities that the applicant intends to carry out under the tenure during the term applied for; and (iv) the amount of money that the applicant intends to spend on those activities during the term applied for; and
- (i) the activities carried out by the applicant under the tenure during its current term; and
- (ii) the amount of money spent by the applicant in relation to the sub-blocks covered by the tenure during its current term; and
- (iii) the activities that the applicant intends to carry out under the tenure during the term applied for; and
- (iv) the amount of money that the applicant intends to spend on those activities during the term applied for; and
- (d) specify the sub-blocks that the applicant nominates for surrender under section 104 .