South Australian Consolidated Regulations

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OFFSHORE MINERALS REGULATIONS 2002 - REG 9

9—Surrender of part of exploration licence (section 100)

        (1)         The holder of an exploration licence seeking to surrender some of the blocks covered by the licence on application under section 100 of the Act must, within 60 days after making the application, submit to the Minister a technical report of the exploratory operations carried out in the area sought to be excluded from the licence.

        (2)         The Minister may, after being satisfied that no fees are outstanding, approve an application to surrender some of the blocks covered by an exploration licence.

        (3)         The Minister may, if the Minister thinks fit, waive compliance with a requirement under subregulation (1) or (2).



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