sec.74EAdjustments for sub-blocks that can not be counted

### sec.74E Adjustments for sub-blocks that can not be counted This section applies for a relinquishment day if, after taking away all sub-blocks that, under section 74D , can not be counted for the relinquishment condition, the balance of the sub-blocks of the authority to prospect are less than the sub-blocks required to be relinquished under the usual relinquishment. The relinquishment condition is taken to have been complied with if the authority holder gives a relinquishment notice for all of the balance. However, if— a sub-block not counted for the relinquishment condition was the subject of a lease application; and the result of the application is that it is refused; the authority holder must, within 20 business days after the appeal period for the decision to refuse, give a relinquishment notice for that sub-block. s 74E ins 2004 No. 26 s 46 (sec.74E-ssec.1) This section applies for a relinquishment day if, after taking away all sub-blocks that, under section 74D , can not be counted for the relinquishment condition, the balance of the sub-blocks of the authority to prospect are less than the sub-blocks required to be relinquished under the usual relinquishment. (sec.74E-ssec.2) The relinquishment condition is taken to have been complied with if the authority holder gives a relinquishment notice for all of the balance. (sec.74E-ssec.3) However, if— a sub-block not counted for the relinquishment condition was the subject of a lease application; and the result of the application is that it is refused; the authority holder must, within 20 business days after the appeal period for the decision to refuse, give a relinquishment notice for that sub-block. - (a) a sub-block not counted for the relinquishment condition was the subject of a lease application; and - (b) the result of the application is that it is refused;