Offshore Minerals Act 1999
182Significant changes in circumstances to be reported to Minister
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182 Significant changes in circumstances to be reported to Minister
182 Significant changes in circumstances to be reported to Minister
(1) A retention licence holder must notify the Minister of any change of circumstances that significantly affects the long term viability of mining activities in the retention licence area.
Note—
The Minister may cancel the retention licence if the Minister believes that circumstances have changed so that mining activities can now commence (see section 190).
(2) Subsection (1) applies to a change of circumstances whether favourable or unfavourable to the long term viability of mining activities in the retention licence area.