336Expiry of licences

336 Expiry of licences

336 Expiry of licences

(1) If a licence expires because:

(a) its term ends, or

(b) a retention licence or mining licence is granted to the licence holder,

the Minister must register the expiry of the licence.

Note—

Cancellation is dealt with under section 337.

(2) In subsection (1) (a), the reference to the term of a licence includes any period during which the licence is in force under section 90, 91, 92 or 93.

(3) If the Minister registers the expiry of a licence under subsection (1):

(a) the licence holder must give the licence to the Minister, and

(b) the Minister must endorse the expiry and the date of the expiry on the licence.