VICIn ForceAct
Petroleum Act 1998
54Refund of deposits
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54 Refund of deposits
(1) The Minister must refund any deposit paid under section 51(c) by an applicant who is not granted a production licence.
(2) If, in the opinion of the Minister there are exceptional circumstances or the interests of fairness so require, she or he may refund the deposit of an applicant who is granted a licence, but who does not accept that grant.