20Term of permit

20 Term of permit

(1) The permit remains in force: (a) for a permit for resource production purposes—for the period of not more than 10 years specified in the permit; or (b) in any other case—for the period of not more than 7 years specified in the permit. (2) If the permit is suspended, the period for which it remains in force continues to run. (3) If the permit is issued on the basis of the holder holding an authority (however described) from the government of South Australia, the permit: (a) if the authority expires or is cancelled—ceases to have effect, but only to the extent that it was issued on the basis of the authority; and (b) if the authority is suspended for any period—is suspended for the same period as the authority is suspended, but only to the extent that the permit was issued on the basis of the authority. (4) The holder of a permit may, at any time, surrender the permit by: (a) returning the permit to the Minister; and (b) giving the Minister written notice that the permit is surrendered. (5) The surrender of the permit takes effect on the day on which subsection (4) is satisfied.