Offshore Minerals Act 1999
97Grant of licence extension—other circumstances
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97 Grant of licence extension—other circumstances
97 Grant of licence extension—other circumstances
(1) Subject to subsection (2), if an exploration licence holder applies for an extension under section 96, the Minister:
(a) may grant an extension of the term of the licence, or
(b) may refuse to grant an extension of the term of the licence.
(2) The extension must not be for a period that is longer than the period of the suspension or exemption.
(3) The extension may be granted subject to whatever conditions the Minister thinks appropriate.