Power to relinquish if activity restricted
753 Power to relinquish if activity restricted
If, because of the restriction under section 752(2), the activity can not be carried out, the exploration tenement holder may with the Minister’s approval lodge a written notice—
relinquishing the part of the area of the exploration tenement to which the restriction applies; and
proposing, for the Minister’s approval, amendments to the exploration tenement accepted by the Minister under section 133(1)(g)(i) or 183(1)(m)(i)(B) to reflect the restriction.
The notice must be lodged at—
the office of the department for lodging the notice, as stated in a gazette notice by the chief executive; or
if no office is gazetted under paragraph (a)—the office of the chief executive.
Subsection (1) does not limit section 141C.
The proposed amendments have no effect unless the Minister approves them.
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