Offshore Minerals Act 1998
sec.126General
Start here
Get a plain-English read of sec.126
Turn the raw legal text into a practical explanation grounded in Offshore Minerals Act 1998.
sec.126 General
An exploration permit expires if— the term of the tenure ends without the tenure being renewed; or the tenure holder surrenders the tenure; or a mineral development licence is granted over the sub-blocks in the tenure area of the exploration permit; or a mining lease is granted over the sub-blocks in the tenure area of the exploration permit; or the tenure is cancelled. For paragraph (a) see division 6 . For paragraph (b) see section 127 . For paragraph (c) see section 128 . For paragraph (d) see section 129 . For paragraph (e) see section 130 . In subsection (1) (a) , the reference to the term of the tenure includes any period during which the tenure is in force under section 90 , 91 , 92 or 93 . (sec.126-ssec.1) An exploration permit expires if— the term of the tenure ends without the tenure being renewed; or the tenure holder surrenders the tenure; or a mineral development licence is granted over the sub-blocks in the tenure area of the exploration permit; or a mining lease is granted over the sub-blocks in the tenure area of the exploration permit; or the tenure is cancelled. For paragraph (a) see division 6 . For paragraph (b) see section 127 . For paragraph (c) see section 128 . For paragraph (d) see section 129 . For paragraph (e) see section 130 . (sec.126-ssec.2) In subsection (1) (a) , the reference to the term of the tenure includes any period during which the tenure is in force under section 90 , 91 , 92 or 93 .
- (a) the term of the tenure ends without the tenure being renewed; or
- (b) the tenure holder surrenders the tenure; or
- (c) a mineral development licence is granted over the sub-blocks in the tenure area of the exploration permit; or
- (d) a mining lease is granted over the sub-blocks in the tenure area of the exploration permit; or
- (e) the tenure is cancelled.