Report on ceasing to hold exploration permit or licence area
75 Report on ceasing to hold exploration permit or licence area
This section applies to:
(a) a person who has been a permittee or licensee and who ceases to hold the relevant exploration permit or licence; or
a person who is a permittee or licensee if:
the relevant exploration permit or licence area is reduced; or
(ii) part of the relevant exploration permit or licence area is surrendered.
(2) A person mentioned in subsection (1)(a) must, within the designated period after the person ceases to hold the exploration permit or licence, give to the Minister a report, on the exploration and other activities carried out on the exploration permit or licence area, as comprised from time to time, during the period of the exploration permit or licence.
(3) A person mentioned in subsection (1)(b)(i) must, within the designated period after the exploration permit or licence area has been reduced, give to the Minister a report on the exploration and other activities carried out on the exploration permit or licence area which has not been retained.
(4) A person mentioned in subsection (1)(b)(ii) must, within the designated period after part of the exploration permit or licence area has been surrendered, give to the Minister a report on the exploration and other activities carried out on the exploration permit or licence area which has been surrendered.
(5) A report under subsection (2), (3) or (4) must be in the approved form.
(6) A person commits an offence if the person is required to give a report to the Minister under this section and the person contravenes that requirement.
Maximum penalty: 200 penalty units.
(7) An offence against subsection (6) is an offence of strict liability.
In this section:
designated period means 3 months or any longer period allowed by the Minister in a particular case.
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