Offshore Minerals Act 1999
232Initial term of mining licence
Start here
Get a plain-English read of 232
Turn the raw legal text into a practical explanation grounded in Offshore Minerals Act 1999.
232 Initial term of mining licence
232 Initial term of mining licence
(1) A mining licence comes into force on:
(a) the day on which the grant of the licence is registered, or
(b) if a day later than the day on which the grant of the licence is registered is specified in the licence as its commencement day, that specified day.
(2) The initial term of a mining licence ends:
(a) if the licence is granted under Division 2, at the end of the period specified in the licence under section 209 (1), or
(b) if the licence is granted under Division 3, at the end of the period specified under section 227 (2).
Note—
The licence may be surrendered at any time (see section 264).
(3) The period runs from:
(a) the day on which the licence is provisionally granted, or
(b) if a day later than the day on which the licence is provisionally granted is specified in the licence as its commencement day, that specified day.