59
In forceEffect of cancellation of geothermal authority
Part 5General provisions for geothermal authorities
Division 6Cancellation of geothermal authorities or parts of geothermal authorities areas
59 Effect of cancellation of geothermal authority
(1)
If the Minister cancels a geothermal authority, or cancels a geothermal authority for part of the geothermal authority area, the geothermal authority holder must not apply for any geothermal authority for the blocks subject to the cancellation within 2 years after the date of cancellation.
(2)
Subsection (1) does not prevent any other person from applying for a geothermal authority for the blocks the subject of the cancellation within the period specified in subsection (1) or at any later time.
This Act’s bill:Explanatory statementSecond reading speech
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