Offshore Minerals Act 1998
sec.92Effect of application for mineral development licence or mining lease on term of exploration permit
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sec.92 Effect of application for mineral development licence or mining lease on term of exploration permit
If— an exploration permit holder applies for— a mineral development licence; or a mining lease; over the tenure area, or part of the tenure area, of the exploration permit; and the current term of the exploration permit expires; and a grant of the mineral development licence or mining lease does not take effect before the current term of the exploration permit expires; the exploration permit remains in force until— the grant of the mineral development licence or mining lease takes effect; or a provisional grant of the mineral development licence or mining lease lapses; or the application for the mineral development licence or mining lease is withdrawn or refused.
- (a) an exploration permit holder applies for— (i) a mineral development licence; or (ii) a mining lease;
- (i) a mineral development licence; or
- (ii) a mining lease;
- (i) a mineral development licence; or
- (ii) a mining lease;
- (b) the current term of the exploration permit expires; and
- (c) a grant of the mineral development licence or mining lease does not take effect before the current term of the exploration permit expires;
- (d) the grant of the mineral development licence or mining lease takes effect; or
- (e) a provisional grant of the mineral development licence or mining lease lapses; or
- (f) the application for the mineral development licence or mining lease is withdrawn or refused.