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s 22

Application for grant of licence

In force
Part 3Evaluation of geothermal energy resources
Division 2Applications for grants of licences

22 Application for grant of licence

(1)

The holder of a geothermal exploration permit may, at any time during the term of the permit, apply to the Minister for the grant of

1 or more geothermal retention licences if the permit holder:

(a)

has given notice of the discovery of geothermal energy resources in the permit area as required by section 48; and

(b)

believes the resources are potentially commercially viable.

(2)

A proposed licence area may comprise all or part of the permit area.

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