Offshore Minerals Act 1998
sec.157Effect of application for mining lease on term of mineral development licence
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sec.157 Effect of application for mining lease on term of mineral development licence
If— a mineral development licence holder applies for a mining lease over the tenure area, or part of the tenure area, of the mineral development licence; and the current term of the mineral development licence expires; and a grant of the mining lease does not take effect before the current term of the mineral development licence expires; the mineral development licence remains in force until— the grant of the mining lease takes effect; or a provisional grant of the mining lease lapses; or the application for the mining lease is withdrawn or refused.
- (a) a mineral development licence holder applies for a mining lease over the tenure area, or part of the tenure area, of the mineral development licence; and
- (b) the current term of the mineral development licence expires; and
- (c) a grant of the mining lease does not take effect before the current term of the mineral development licence expires;
- (d) the grant of the mining lease takes effect; or
- (e) a provisional grant of the mining lease lapses; or
- (f) the application for the mining lease is withdrawn or refused.