Requirement for commercial viability report

In force

(1) If required by the Minister, a licence holder must give the Minister a report about the commercial viability of the geothermal energy resources within the licence area.

(2)

The report must be given to the Minister within:

(a)

90 days after the date of the requirement; or

(b) the further period allowed by the Minister on the written request of the licence holder for an extension of time.

This Act’s bill:Explanatory statement Second reading speech

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28 Requirement for commercial viability report