Application for renewal of production licence
51 Application for renewal of production licence
(1) A production 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 production licence shall be:
in an approved form;
made in an approved manner; and
accompanied by the prescribed fee.
(3) In relation to an application for the renewal of a production licence, the Minister:
(a) shall, where an application is received not earlier than 6 months before, but not later than 3 months before, the expiration of the production 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.
(4) In addition to subsection (3), the Minister may, if satisfied that there are commercial reasons that justify an application for the renewal of a production licence being made, accept the application being made at a time earlier than that specified in subsection (3)(a).
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