(1) The Minister may
at any time by notice in writing require the holder of a retention licence to
show cause why a mining lease should not be applied for in respect of the
whole or any part of the land the subject of the retention licence.
(2) Where —
(a) the
holder of a retention licence fails to show cause within the time specified in
the notice referred to in subsection (1); or
(b) the
Minister is of the opinion that the holder of a retention licence has shown
insufficient cause,
the Minister may by
notice in writing require that person to apply in accordance with this Act for
a mining lease in respect of the whole or any part of the land the subject of
the retention licence within a period of 60 days from the giving of that
notice.
[Section 70M inserted: No. 37 of 1993 s. 10(1).]