75Report on ceasing to hold exploration permit or licence area

75 Report on ceasing to hold exploration permit or licence area (1) This section applies to: (a) a person who has been a permittee or licensee and who ceases to hold the relevant exploration permit or licence; or (b) a person who is a permittee or licensee if: (i) the relevant exploration permit or licence area is reduced; or (ii) part of the relevant exploration permit or licence area is surrendered. (2) A person mentioned in subsection (1)(a) must, within the designated period after the person ceases to hold the exploration permit or licence, give to the Minister a report, on the exploration and other activities carried out on the exploration permit or licence area, as comprised from time to time, during the period of the exploration permit or licence. (3) A person mentioned in subsection (1)(b)(i) must, within the designated period after the exploration permit or licence area has been reduced, give to the Minister a report on the exploration and other activities carried out on the exploration permit or licence area which has not been retained. (4) A person mentioned in subsection (1)(b)(ii) must, within the designated period after part of the exploration permit or licence area has been surrendered, give to the Minister a report on the exploration and other activities carried out on the exploration permit or licence area which has been surrendered. (5) A report under subsection (2), (3) or (4) must be in the approved form. (6) A person commits an offence if the person is required to give a Petroleum Act 1984 87 (7) An offence against subsection (6) is an offence of strict liability. (8) In this section: designated period means 3 months or any longer period allowed by the Minister in a particular case.