Offshore Minerals Act 1999
150Extension of primary payment period
Start here
Get a plain-English read of 150
Turn the raw legal text into a practical explanation grounded in Offshore Minerals Act 1999.
150 Extension of primary payment period
150 Extension of primary payment period
(1) If the provisional holder makes a request under section 148 or 149, the provisional holder may ask the Minister to extend the primary payment period.
(2) The request must be made within 30 days after the day on which the provisional holder is given notice under section 147.
(3) If the Minister agrees to the request, the Minister must:
(a) determine the period of the extension, and
(b) give the provisional holder a written notice of the period of the extension.