Offshore Minerals Act 1998
sec.74Minister may invite applications for exploration permit over tender sub-blocks
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sec.74 Minister may invite applications for exploration permit over tender sub-blocks
Subject to subsection (2) , the Minister may invite applications for the grant of an exploration permit over reserved sub-blocks. Applications may be invited for a tenure covering a group of reserved sub-blocks only if the group forms a discrete area. The Minister is to invite applications by publishing a tender sub-block tenure notice for the tenure in the gazette. (sec.74-ssec.1) Subject to subsection (2) , the Minister may invite applications for the grant of an exploration permit over reserved sub-blocks. (sec.74-ssec.2) Applications may be invited for a tenure covering a group of reserved sub-blocks only if the group forms a discrete area. (sec.74-ssec.3) The Minister is to invite applications by publishing a tender sub-block tenure notice for the tenure in the gazette.