Offshore Minerals Act 1999
249Extension of primary payment period
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249 Extension of primary payment period
249 Extension of primary payment period
(1) If the licence holder makes a request under section 247 or 248, the holder may ask the Minister to extend the primary payment period.
(2) The request must be made within 30 days after the day on which the holder is given notice under section 246.
(3) If the Minister agrees to the request, the Minister must:
(a) determine the period of the extension, and
(b) give the holder a written notice informing the holder of the period of the extension.