New South Wales Consolidated Acts
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MINING ACT 1992 - SECT 29
Rights under exploration licence
29 Rights under exploration licence
(1) The holder of an exploration licence may, in accordance with the
conditions of the licence, prospect on the land specified in the licence for
the group or groups of minerals so specified.
(2) If an application for an
assessment lease, mining lease or mineral claim made by the holder of an
exploration licence is not finally dealt with before the date on which the
licence would otherwise cease to have effect, the licence continues to have
effect, in relation only to the land to which the application relates, until
the application is finally dealt with.
(3) Subsection (2) does not operate to
extend an exploration licence for more than 2 years, or such further period as
the Minister may approve in a particular case, after the date on which it
would otherwise expire.
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