Commonwealth Consolidated Acts

OFFSHORE MINERALS ACT 1994 - SECT 129

                   If:

                     (a)  an exploration licence is in force under this Act; and

                     (b)  the Joint Authority provisionally grants a mining licence over all or some of the blocks in the exploration licence area; and

                     (c)  the provisional grant of the mining licence is properly accepted; and

                     (d)  the mining licence comes into force;

the exploration licence expires in relation to the blocks covered by the mining licence.