233Term of renewal of licence

233 Term of renewal of licence

233 Term of renewal of licence

(1) A renewal of a mining licence comes into force on:

(a) the day on which the renewal is registered, or

(b) the day on which the previous term of the licence expires,

whichever is the later.

Note—

See Division 6 for renewal.

(2) The term of a renewal of a licence ends at the end of the period specified in the notice under section 246.

Note 1—

For the maximum term of renewal see section 246 (3).

Note 2—

The licence may be surrendered at any time (see section 264).

(3) The period runs from the day on which the previous term of the licence expires.

(4) In working out the period referred to in subsection (3), section 234 is to be disregarded.