Offshore Minerals Act 1998
sec.146Matters to be specified in the tenure
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sec.146 Matters to be specified in the tenure
The tenure must specify— the sub-blocks covered by the tenure; and the term of the tenure; and the tenure conditions. The term specified under subsection (1) (b) must not be more than 5 years. The tenure may specify the activities that may be carried out under the tenure. If the tenure includes a specification under subsection (3) , the tenure authorises only the specified activities. (sec.146-ssec.1) The tenure must specify— the sub-blocks covered by the tenure; and the term of the tenure; and the tenure conditions. (sec.146-ssec.2) The term specified under subsection (1) (b) must not be more than 5 years. (sec.146-ssec.3) The tenure may specify the activities that may be carried out under the tenure. (sec.146-ssec.4) If the tenure includes a specification under subsection (3) , the tenure authorises only the specified activities.
- (a) the sub-blocks covered by the tenure; and
- (b) the term of the tenure; and
- (c) the tenure conditions.