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s 37

Application for renewal of retention licence

In force
Part IIExploring and mining for petroleum
Division 3Retention licences

37 Application for renewal of retention licence

(1) A retention licensee may apply to the Minister for the renewal of the licence.

(2) For the purposes of subsection (1), an application for the renewal of a retention licence shall be:

(a)

in an approved form;

(b)

made in an approved manner; and

(c)

accompanied by the prescribed fee.

(3) In relation to an application for a renewal of a retention licence, the Minister:

(a) shall, where an application for the renewal of a retention licence is received not earlier than 6 months, but not later than 3 months, before the expiration of the licence;

(b) may, where the application is received later than 3 months before the expiration of the licence; and

(c) shall not, where the application is received after the expiration of the licence,

accept the application.

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