sec.375When obligation to give final report does not apply

### sec.375 When obligation to give final report does not apply Subsection (2) applies if— a holder’s resource tenure is ending other than by a surrender application; and the chief executive gives a notice to the holder under section 374 (2) ; and before the last day by which the holder may apply for a renewal of the resource tenure under a relevant Act, the holder gives the chief executive a written declaration stating that the holder intends to apply for the renewal. Section 374 (4) does not apply to the holder if the holder makes a renewal application for the tenure before the time for making the application expires, unless the holder later gives a notice of closure under section 373 . Subsection (4) applies if a resource tenure holder has made a surrender application for the tenure and, after a notice of closure is given, the holder withdraws the surrender application. Section 374 (4) does not apply to the holder. In this section— relevant Act , for a renewal of a resource tenure, means whichever of the following Acts is relevant to the renewal of the tenure— the Mineral Resources Act ; the Petroleum Act 1923 ; the Petroleum and Gas Act . s 375 prev s 375 om 2008 No. 34 s 714 pres s 375 ins 2010 No. 53 s 195 amd 2014 No. 64 s 86 (sec.375-ssec.1) Subsection (2) applies if— a holder’s resource tenure is ending other than by a surrender application; and the chief executive gives a notice to the holder under section 374 (2) ; and before the last day by which the holder may apply for a renewal of the resource tenure under a relevant Act, the holder gives the chief executive a written declaration stating that the holder intends to apply for the renewal. (sec.375-ssec.2) Section 374 (4) does not apply to the holder if the holder makes a renewal application for the tenure before the time for making the application expires, unless the holder later gives a notice of closure under section 373 . (sec.375-ssec.3) Subsection (4) applies if a resource tenure holder has made a surrender application for the tenure and, after a notice of closure is given, the holder withdraws the surrender application. (sec.375-ssec.4) Section 374 (4) does not apply to the holder. (sec.375-ssec.5) In this section— relevant Act , for a renewal of a resource tenure, means whichever of the following Acts is relevant to the renewal of the tenure— the Mineral Resources Act ; the Petroleum Act 1923 ; the Petroleum and Gas Act . - (a) a holder’s resource tenure is ending other than by a surrender application; and - (b) the chief executive gives a notice to the holder under section 374 (2) ; and - (c) before the last day by which the holder may apply for a renewal of the resource tenure under a relevant Act, the holder gives the chief executive a written declaration stating that the holder intends to apply for the renewal. - (a) the Mineral Resources Act ; - (b) the Petroleum Act 1923 ; - (c) the Petroleum and Gas Act .