Offshore Minerals Act 1998
sec.227Successful applicant must be notified
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sec.227 Successful applicant must be notified
If the Minister provisionally grants a mining lease under section 225 or 231 , the Minister must give the provisional holder— the tenure; and notice that the provisional grant will lapse unless the provisional holder, within 30 days after the day on which the notice is given— gives the Minister a written acceptance of the grant; and lodges any security required under section 399 ; and pays the fee that must be paid for the tenure under section 425 ; and if the tender is decided on the basis of the amounts of money offered for the tenure—pays to the Minister the amount that the provisional holder offered for the tenure under section 221 (1) (d) . The tenure must specify— the sub-blocks covered by the tenure; and the term of the tenure; and the tenure conditions. For the term of a tenure see section 217 (2) . (sec.227-ssec.1) If the Minister provisionally grants a mining lease under section 225 or 231 , the Minister must give the provisional holder— the tenure; and notice that the provisional grant will lapse unless the provisional holder, within 30 days after the day on which the notice is given— gives the Minister a written acceptance of the grant; and lodges any security required under section 399 ; and pays the fee that must be paid for the tenure under section 425 ; and if the tender is decided on the basis of the amounts of money offered for the tenure—pays to the Minister the amount that the provisional holder offered for the tenure under section 221 (1) (d) . (sec.227-ssec.2) The tenure must specify— the sub-blocks covered by the tenure; and the term of the tenure; and the tenure conditions. For the term of a tenure see section 217 (2) .
- (a) the tenure; and
- (b) notice that the provisional grant will lapse unless the provisional holder, within 30 days after the day on which the notice is given— (i) gives the Minister a written acceptance of the grant; and (ii) lodges any security required under section 399 ; and (iii) pays the fee that must be paid for the tenure under section 425 ; and (iv) if the tender is decided on the basis of the amounts of money offered for the tenure—pays to the Minister the amount that the provisional holder offered for the tenure under section 221 (1) (d) .
- (i) gives the Minister a written acceptance of the grant; and
- (ii) lodges any security required under section 399 ; and
- (iii) pays the fee that must be paid for the tenure under section 425 ; and
- (iv) if the tender is decided on the basis of the amounts of money offered for the tenure—pays to the Minister the amount that the provisional holder offered for the tenure under section 221 (1) (d) .
- (i) gives the Minister a written acceptance of the grant; and
- (ii) lodges any security required under section 399 ; and