Offshore Minerals Act 1999
156Effect of application for renewal on term of retention licence
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156 Effect of application for renewal on term of retention licence
156 Effect of application for renewal on term of retention licence
If:
(a) a retention licence holder applies to renew the licence under section 159, and
(b) the current term of the licence expires, and
(c) a renewal of the licence does not take effect immediately after the current term expires,
the licence remains in force after the current term expires until:
(d) a renewal of the licence takes effect, or
(e) a provisional renewal of the licence lapses, or
(f) the application for renewal is withdrawn or refused.