sec.81Conditions for renewal application

### sec.81 Conditions for renewal application An authority to prospect holder may apply to renew the authority only if none of the following is outstanding— annual rent for the authority; a civil penalty under section 76 for nonpayment of annual rent; interest payable under section 588 on annual rent or a civil penalty; a royalty-related amount payable by the holder; security required for the authority, as required under section 488 . Also, the application can not be made— more than 60 business days before the end of the term of the authority; or after the authority has ended. s 81 amd 2012 No. 25 s 153 ; 2014 No. 35 s 43 (sec.81-ssec.1) An authority to prospect holder may apply to renew the authority only if none of the following is outstanding— annual rent for the authority; a civil penalty under section 76 for nonpayment of annual rent; interest payable under section 588 on annual rent or a civil penalty; a royalty-related amount payable by the holder; security required for the authority, as required under section 488 . (sec.81-ssec.2) Also, the application can not be made— more than 60 business days before the end of the term of the authority; or after the authority has ended. - (a) annual rent for the authority; - (b) a civil penalty under section 76 for nonpayment of annual rent; - (c) interest payable under section 588 on annual rent or a civil penalty; - (d) a royalty-related amount payable by the holder; - (e) security required for the authority, as required under section 488 . - (a) more than 60 business days before the end of the term of the authority; or - (b) after the authority has ended.