Other factors to be considered in renewing permits
30 Other factors to be considered in renewing permits
The Minister must renew an exploration permit if—
the holder of the permit applies for the renewal in the form and manner required by the Minister; and
the application is accompanied by the renewal fee set out in the regulations for the purposes of this paragraph; and
the permit holder has complied with the conditions of the permit and all applicable laws; and
the application is accompanied by details of the work program the holder of the permit proposes to undertake if the permit is renewed; and
the Minister is satisfied that the proposed work program is adequate; and
the holder of the permit has nominated in the application the area that it wishes to relinquish (unless section 32(4) applies); and
the Minister will not breach section 32(1), (2) or (3) by renewing the permit for the remaining area.
In any other case the Minister may renew a permit if she or he is satisfied that there are special circumstances that justify the renewal of the permit.
This provision refers to the regulations (the regulations
). Made under this Act:
- Petroleum Regulations 2021 · under section 252
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