(1) Notwithstanding
anything in section 102, the Minister may, on payment of the prescribed fee
and on the application in writing of the holder of an exploration licence who
has been authorised by the Minister under section 111 to explore for iron on
the land the subject of the exploration licence, grant that holder a
certificate in the prescribed form totally or partially exempting the holder
of that licence from the prescribed expenditure conditions relating to the
exploration licence in an amount not exceeding the amount required to be
expended in any one year.
(1a) An application
referred to in subsection (1) may relate to more than one exploration licence.
(2) The refusal by the
Minister of an application referred to in subsection (1) does not prevent the
holder of the exploration licence concerned from making an application
referred to in section 102(1) in respect of that exploration licence.
[Section 102A inserted: No. 122 of 1982 s. 25;
amended: No. 100 of 1985 s. 77; No. 15 of 2002 s. 25.]