Offshore Minerals Act 1998
sec.117General
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sec.117 General
The sources of obligations associated with an exploration permit are— the tenure conditions; and obligations arising from directions under section 387 or 392 given by the Minister; and obligations imposed by this Act and the regulations. For paragraph (a) see sections 118 to 120 . For paragraph (c) see sections 44 , 123 to 125 , 372 and 391 (1) . If an exploration permit has 2 or more holders, all the holders are jointly and severally bound by the obligations that attach to the tenure. (sec.117-ssec.1) The sources of obligations associated with an exploration permit are— the tenure conditions; and obligations arising from directions under section 387 or 392 given by the Minister; and obligations imposed by this Act and the regulations. For paragraph (a) see sections 118 to 120 . For paragraph (c) see sections 44 , 123 to 125 , 372 and 391 (1) . (sec.117-ssec.2) If an exploration permit has 2 or more holders, all the holders are jointly and severally bound by the obligations that attach to the tenure.
- (a) the tenure conditions; and
- (b) obligations arising from directions under section 387 or 392 given by the Minister; and
- (c) obligations imposed by this Act and the regulations.