Offshore Minerals Act 1999
246Applicant must be notified
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246 Applicant must be notified
246 Applicant must be notified
(1) The Minister must give the applicant written notice of the Minister’s decision under section 242.
(2) If the Minister provisionally renews the licence under section 242, the notice must contain the following information:
(a) notification of the term of the renewal,
(b) notification of the conditions of the renewed licence,
(c) notification of any determination under section 399 that the applicant must lodge a security or a further security,
(d) notification that the provisional renewal will lapse unless the applicant, before the end of the primary payment period:
(i) gives the Minister a written acceptance of the renewal, and
(ii) lodges any security required under section 399, and
(iii) pays the fee that must be paid for the renewal under section 425.
Note—
Section 254 provides for renewals to be granted subject to conditions.
(3) The term specified under subsection (2) (a) is not to be more than 21 years.