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PETROLEUM (OFFSHORE) ACT 1982 - SECT 55
Application for renewal of licence
55 Application for renewal of licence
(1) A licensee may, from time to time, make an application to the Minister for
the renewal of the licence.
(2) An application for the renewal of the
licence: (a) shall be in accordance with an approved form,
(b) subject to
subsection (3), shall be made in an approved manner not less than 6 months
before the day on which the licence ceases to be in force,
(c) shall be
accompanied by particulars of the proposals of the licensee for work and
expenditure in respect of the licence area, and
(d) shall be accompanied by
the prescribed fee.
(3) The Minister may, for reasons that the Minister
thinks sufficient, receive an application for the renewal of the licence less
than 6 months before, but not in any case after, the day on which the licence
ceases to be in force.
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