sec.118Conditions of exploration permit

sec.118 Conditions of exploration permit

The Minister may grant or renew an exploration permit subject to whatever conditions the Minister considers appropriate. If the Minister grants or renews an exploration permit subject to conditions, the conditions must be specified in the tenure. Without limiting subsection (1) , the Minister may attach conditions to the grant or renewal of an exploration permit requiring the tenure holder to do the following types of things— take out insurance as required by the Minister; carry out certain work in or in relation to the tenure area during the term of the tenure; spend a specified amount of money in carrying out the work referred to in paragraph (b) ; lodge a security with the Minister; keep specified information; give the Minister, on request, specified information; a condition requiring the holder to take steps to protect the environment of the tenure area, including conditions about— protecting wildlife; or minimising the effect on the environment of the tenure area and the area surrounding the tenure area of activities carried out in the tenure area; repair any damage to the environment caused by activities in the tenure area; pay a specified penalty to the State if the holder does not comply with a tenure condition. A condition under subsection (3) (d) must specify— the amount of the security required; and the kind of security required; and the way and the form in which the security is to be lodged. Without limiting subsection (3) (d) , a condition under that paragraph may require the lodgment of a security in the form of a guarantee and, if a guarantee is required, the condition may specify— the kind of person who is to give the guarantee; and the terms of the guarantee. (sec.118-ssec.1) The Minister may grant or renew an exploration permit subject to whatever conditions the Minister considers appropriate. (sec.118-ssec.2) If the Minister grants or renews an exploration permit subject to conditions, the conditions must be specified in the tenure. (sec.118-ssec.3) Without limiting subsection (1) , the Minister may attach conditions to the grant or renewal of an exploration permit requiring the tenure holder to do the following types of things— take out insurance as required by the Minister; carry out certain work in or in relation to the tenure area during the term of the tenure; spend a specified amount of money in carrying out the work referred to in paragraph (b) ; lodge a security with the Minister; keep specified information; give the Minister, on request, specified information; a condition requiring the holder to take steps to protect the environment of the tenure area, including conditions about— protecting wildlife; or minimising the effect on the environment of the tenure area and the area surrounding the tenure area of activities carried out in the tenure area; repair any damage to the environment caused by activities in the tenure area; pay a specified penalty to the State if the holder does not comply with a tenure condition. (sec.118-ssec.4) A condition under subsection (3) (d) must specify— the amount of the security required; and the kind of security required; and the way and the form in which the security is to be lodged. (sec.118-ssec.5) Without limiting subsection (3) (d) , a condition under that paragraph may require the lodgment of a security in the form of a guarantee and, if a guarantee is required, the condition may specify— the kind of person who is to give the guarantee; and the terms of the guarantee.