Offshore Minerals Act 1998
sec.233Term of renewal of tenure
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sec.233 Term of renewal of tenure
A renewal of a mining lease comes into force on the later of the following days— the day on which the renewal is registered; the day on which the previous term of the tenure expires. See division 6 for renewal. The term of a renewal of a tenure ends at the end of the period specified in the notice under section 246 . For the maximum term of renewal see section 246 (3) . The tenure may be surrendered at any time (see section 264 ). The period runs from the day on which the previous term of the tenure expires. In working out the period referred to in subsection (3) , section 234 must be disregarded. (sec.233-ssec.1) A renewal of a mining lease comes into force on the later of the following days— the day on which the renewal is registered; the day on which the previous term of the tenure expires. See division 6 for renewal. (sec.233-ssec.2) The term of a renewal of a tenure ends at the end of the period specified in the notice under section 246 . For the maximum term of renewal see section 246 (3) . The tenure may be surrendered at any time (see section 264 ). (sec.233-ssec.3) The period runs from the day on which the previous term of the tenure expires. (sec.233-ssec.4) In working out the period referred to in subsection (3) , section 234 must be disregarded.
- (a) the day on which the renewal is registered;
- (b) the day on which the previous term of the tenure expires.