(1) In section 43(1) of the Principal Act—
(a) omit "(other than low impact exploration)";
(b) after paragraph (b) insert —
"(ba) the licensee has complied with any condition imposed by the Minister under section 26(2)(d) to provide an environmental offset; and";
(c) after paragraph (c) insert —
"(ca) any consent under section 45 or authorisation under section 46 has been registered; and
(cb) the licensee has obtained the insurance required under section 39(5); and".
(2) After section 43(1) of the Principal Act insert —
"(1A) Sub-sections (1)(a), (1)(b), (1)(ba), (1)(ca) and (1)(d) do not apply to low impact exploration.".