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s 34

(1) This Agreement is conditional upon the Company at any time prior to the 31st day of December, 1968, giving notice to the Minister that —

In force

34 (1) This Agreement is conditional upon the Company at any time prior to the 31st day of December, 1968, giving notice to the Minister that —

(a)

the Company has entered into or intends to enter into contracts or arrangements satisfactory to the Company for the sale by the Company of salt; and

(b)

the Company has made or is about to make arrangements satisfactory to the Company for financing the works referred to in Clause 9 hereof and that the Company proposes to proceed with such works.

Determination by Company 3

(2)

Notwithstanding anything herein contained the Company may at any time give notice to the State that matters have arisen which make the completion or continuance of the works impracticable or uneconomic and desires to determine this Agreement whereupon this Agreement will then cease and determine and the State may enforce all or any one or more of its rights remedies or powers set out in Clause 19 hereof.

Right of Surrender 3

(3)

The Company shall have the right at any time and from time to time to surrender to the Crown in right of the State any reasonably substantial part of the work sites which is no longer required by the Company.

Power to extend periods 3

35. Notwithstanding any provision hereof the Minister may at the request of the Company from time to time extend any period or alter any date referred to in this Agreement for such period or to such other date as the Minister thinks fit and the extended period or other date when advised to the Company by notice from the Minister shall be deemed for all purposes hereof substituted for the period or date so extended or altered.

Provided that where any such extension of period or alteration of date would have the effect either directly or indirectly of extending the term of any lease license temporary reserve or other concession granted under the Mining Act the consent of the Minister shall not operate until the Company has also obtained the like consent of the Minister for Mines.

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