51Application for renewal of production licence

51 Application for renewal of production licence (1) A production licensee may apply to the Minister for the renewal of the licence. a production licence shall be: (b) made in an approved manner; and (c) accompanied by the prescribed fee. Petroleum Act 1984 47 (3) In relation to an application for the renewal of a production licence, (a) shall, where an application is received not earlier than 6 months before, but not later than 3 months before, the expiration of the production licence; before the expiration of the licence; and of the licence, (4) In addition to subsection (3), the Minister may, if satisfied that there are commercial reasons that justify an application for the renewal of a production licence being made, accept the application being made at a time earlier than that specified in subsection (3)(a).