An exploration licence
is liable to forfeiture if —
(a) the
prescribed rent or royalty in respect thereof is not paid in accordance with
this Act; or
(aa) any
requirement under section 60(1a), 65(4), 69E(2) or 115B(2) in relation to the
exploration licence is not complied with; or
(b) the
terms and conditions, including the prescribed expenditure conditions referred
to in section 62, and any conditions to which the licence is deemed to be
subject pursuant to section 63, are not complied with; or
(baa)
any request under section 68(1) or (2) in relation to the exploration licence
is not complied with; or
(ba) a
report required under section 68(3) or 115A in relation to the land the
subject of the exploration licence is not filed in accordance with this Act;
or
(c) the
holder of the exploration licence is convicted of an offence against this Act.
[Section 63A inserted: No. 69 of 1981 s. 19;
amended: No. 100 of 1985 s. 43; No. 58 of 1994 s. 18; No. 17 of 1999 s. 7(3);
No. 39 of 2004 s. 89; No. 27 of 2005 s. 8.]