Barrister AI
All legislation
NTAct
In force
This is the latest official compilation.Check the official source →
s 63

Payment of first year's annual fee in respect of exploration permit or licence

In force
Part IIIGeneral provisions relating to petroleum interests
Division 1Rights and duties of permittee or licensee
Subdivision 5Other requirements and related provisions

63 Payment of first year's annual fee in respect of exploration permit or licence

If:

(a)

the Minister determines to grant or renew an exploration permit or a licence and gives notice to the applicant of the conditions on which the Minister is prepared to grant or renew the permit or licence; and

(b)

the applicant gives to the Minister the applicant's written acceptance of the conditions specified in the notice within the time specified under this Act in respect of the exploration permit or licence concerned for accepting the conditions,

the applicant must, at the same time as accepting the conditions, pay to the Minister the annual fee for the first year in respect of which the permit or licence is or will be granted or renewed.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.