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Offshore Petroleum and Greenhouse Gas Storage Act 2010
110Renewal of petroleum exploration permit
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110 Renewal of petroleum exploration permit
The Minister must renew a petroleum exploration permit to which an application under section 119 relates if—
(a) an applicant has been given an offer document under section 108; and
(b) the applicant has made a request under section 256 in relation to the offer document within the period applicable under that section.
If the applicant does not make a request under section 256 within the period applicable under that section, the application lapses at the end of that period—see section 256(4).