sec.120Variation of conditions

sec.120 Variation of conditions

If— an exploration permit holder requests the Minister in writing to vary the tenure conditions; or an exploration permit continues in force because of section 93 ; or an extension of the term of an exploration permit is granted under section 95 ; or part of the tenure area of an exploration permit is surrendered under section 99 or 100 ; the Minister may vary the tenure conditions. If the Minister gives— a direction under section 387 ; or an approval, consent or exemption under a regulation; to an exploration permit holder, the Minister may vary the tenure conditions to the extent necessary to avoid inconsistency between the tenure conditions and the direction, approval, consent or exemption. The Minister may vary the tenure conditions subject to whatever conditions the Minister considers appropriate. If the Minister varies the tenure conditions, the Minister must give the tenure holder a notice that— informs the holder of the variation; and specifies the conditions that have been varied; and specifies any conditions to which the variation is subject. (sec.120-ssec.1) If— an exploration permit holder requests the Minister in writing to vary the tenure conditions; or an exploration permit continues in force because of section 93 ; or an extension of the term of an exploration permit is granted under section 95 ; or part of the tenure area of an exploration permit is surrendered under section 99 or 100 ; the Minister may vary the tenure conditions. (sec.120-ssec.2) If the Minister gives— a direction under section 387 ; or an approval, consent or exemption under a regulation; to an exploration permit holder, the Minister may vary the tenure conditions to the extent necessary to avoid inconsistency between the tenure conditions and the direction, approval, consent or exemption. (sec.120-ssec.3) The Minister may vary the tenure conditions subject to whatever conditions the Minister considers appropriate. (sec.120-ssec.4) If the Minister varies the tenure conditions, the Minister must give the tenure holder a notice that— informs the holder of the variation; and specifies the conditions that have been varied; and specifies any conditions to which the variation is subject.

• (a) an exploration permit holder requests the Minister in writing to vary the tenure conditions; or
• (b) an exploration permit continues in force because of section 93 ; or
• (c) an extension of the term of an exploration permit is granted under section 95 ; or
• (d) part of the tenure area of an exploration permit is surrendered under section 99 or 100 ;
• (a) a direction under section 387 ; or
• (b) an approval, consent or exemption under a regulation;
• (a) informs the holder of the variation; and
• (b) specifies the conditions that have been varied; and