Application for extension of last renewed term of exploration permit
147CA Application for extension of last renewed term of exploration permit
This section applies if—
the total of the initial term and all renewed terms of an exploration permit is not more than 15 years; and
an exceptional event affecting the permit that occurred in the last renewed term of the exploration permit has prevented the holder of the permit from carrying out the work program approved for the last renewed term of the permit.
The holder of the exploration permit may, within the extension period, apply to the Minister for an extension of the last renewed term of the permit.
The application must be—
made in the approved form; and
accompanied by—
a statement describing the exceptional event mentioned in subsection (1)(b); and
the fee prescribed by regulation.
An application under this section may not be made more than once.
In this section—
extension period means the period that is—
at least 3 months, or any shorter period allowed by the Minister in the particular case, before the last renewed term of the permit expires; and
not more than 6 months before the last renewed term of the permit expires.
This provision refers to the regulations (prescribed by regulation
). Made under this Act:
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