Offshore Minerals Act 1999
66Applicant must be notified
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66 Applicant must be notified
66 Applicant must be notified
(1) The Minister must give the applicant written notice of a decision under section 63.
(2) If the Minister provisionally grants an exploration licence:
(a) the Minister must give the licence to the provisional holder, and
(b) the notice under subsection (1) must contain the following information:
(i) notification of any determination under section 399 that the provisional holder must lodge a security,
(ii) notification that the provisional grant will lapse unless the provisional holder, before the end of the primary payment period:
(A) gives the Minister a written acceptance of the grant, and
(B) lodges any security required under section 399, and
(C) pays the fee that must be paid for the licence under section 425.