Offshore Minerals Act 1998
sec.97Grant of tenure extension—other circumstances
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sec.97 Grant of tenure extension—other circumstances
Subject to subsection (2) , if an exploration permit holder applies for an extension under section 96 , the Minister may— grant an extension of the term of the tenure; or refuse to grant an extension of the term of the tenure. The extension must not be for a period that is longer than the period of the suspension or exemption. The extension may be granted subject to whatever conditions the Minister considers appropriate. (sec.97-ssec.1) Subject to subsection (2) , if an exploration permit holder applies for an extension under section 96 , the Minister may— grant an extension of the term of the tenure; or refuse to grant an extension of the term of the tenure. (sec.97-ssec.2) The extension must not be for a period that is longer than the period of the suspension or exemption. (sec.97-ssec.3) The extension may be granted subject to whatever conditions the Minister considers appropriate.
- (a) grant an extension of the term of the tenure; or
- (b) refuse to grant an extension of the term of the tenure.