52Grant of licences in respect of individual blocks

#### 52 Grant of licences in respect of individual blocks 52 Grant of licences in respect of individual blocks > > (1) Where a licence (in this section called the original licence) is in force in respect of 2 or more blocks (not being blocks that form, or form part of, a location), the licensee may make an application to the Minister for the grant to the licensee of 2 or more licences in respect of the blocks the subject of the original licence in exchange for the original licence. > > > (2) An application under subsection (1)— > > > > > (a) shall be in accordance with an approved form, > > > > > (b) shall be made in an approved manner, > > > > > (c) shall specify the number of licences required, > > > > > (d) shall specify the block or blocks the subject of the original licence in respect of which each licence is sought, and > > > > > (e) shall be accompanied by the prescribed fee. > > > (3) (Repealed) > > > (4) Where a licensee has made an application under this section, the Minister shall grant to the licensee production licences for petroleum in accordance with the application. > > > (5) A licence granted on an application under this section— > > > > > (a) remains in force, subject to this Part, but notwithstanding section 54, for the remainder of the term of the original licence, and > > > > > (b) shall be granted subject to conditions corresponding as nearly as may be to the conditions to which the original licence was subject. > > > (6) Where licences are granted on an application under this section— > > > > > (a) the original licence is, by force of this subsection, determined, and > > > > > (b) the determination has effect on and from the day on which those licences come into force. > > **s 52:** Am 1985 No 129, Sch 1 (7); 1991 No 6, Sch 1 (14); 1991 No 85, Sch 2 (17).