Decision to cancel
58 Decision to cancel
The Minister may cancel:
a geothermal authority; or
(b) a geothermal authority for part (the relevant part) of the geothermal authority area.
(2) Before making a decision to take action under subsection (1), the Minister must be satisfied the geothermal authority holder:
has contravened:
a condition of the geothermal authority; or
a provision of this Act; or
(b) became liable to pay an amount to the Territory under this Act and did not pay the amount within 3 months after becoming liable; or
(c) has not used good work practices in carrying out the technical work program in the geothermal authority area or relevant part; or
(d) no longer has the financial resources to carry out the technical work program for the whole of the area or relevant part; or
(e) has not conducted geothermal activities in the area, or relevant part, for a continuous period of 2 years.
(3) This section does not prevent the Minister from also commencing proceedings against the geothermal authority holder for:
an offence against a provision of this Act; or
(b) the recovery of an amount payable to the Territory under this Act.
This Act’s bill:Explanatory statementSecond reading speech
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