Holder of licence may consent to other person applying for production licence
67B Holder of licence may consent to other person applying for production licence
The holder of an exploration licence, or a special exploration licence, in relation to a Category 4 mineral may, by notice in writing to another person, consent to the other person applying, either alone or in conjunction with the holder, for a petroleum production licence that is to relate to both – the minerals, or category of minerals, specified in the exploration licence or special exploration licence; and any area of land comprised in that licence.
The holder of an exploration licence, or a special exploration licence, in relation to a Category 6 mineral may, by notice in writing to another person, consent to the other person applying, either alone or in conjunction with the holder, for a geothermal production licence that is to relate to both – the minerals, or category of minerals, specified in the exploration licence or special exploration licence; and any area of land comprised in that licence.
A person to whom a notice of consent is given under subsection (1) or (2) is to provide the Registrar with a copy of that notice within 14 days of the date of the notice.
This Act’s bill:Explanatory notesSecond reading speech
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