(1) When —
(a) an
exploration licence is liable to forfeiture by virtue of section 63A; or
(b) a
retention licence is liable to forfeiture by virtue of section 70K,
the Minister may cause
the licence to be forfeited by declaring by notice published in the Government
Gazette that the licence is forfeited.
(2) Subject to
section 97A, the Minister may, for any cause that he deems sufficient and
subject to subsection (3), by notice under his hand published in the
Government Gazette —
(a)
cancel a declaration made under subsection (1); and
(b)
restore the licence to which the declaration referred to in paragraph (a)
relates to the holder thereof.
(3) The Minister may,
in effecting the cancellation and restoration referred to in subsection (2),
impose on the holder of the licence restored under that subsection such
conditions as he thinks fit.
(4) The production of
a copy of the Government Gazette containing a notice published therein under
subsection (1) or (2) is evidence that the licence concerned has been
forfeited or restored, as the case requires.
(5) The Minister, as
he thinks fit in the circumstances of the case, as an alternative to causing
the licence to be forfeited, may —
(a)
impose on the holder of the licence a penalty not exceeding $75 000 if the
holder is an individual or $150 000 if the holder is a body corporate; or
(b)
award the whole or any part of the amount of any such penalty to any person,
other than an officer of the Department; or
(c)
impose no penalty on the holder.
(6) Where any penalty
imposed as an alternative to forfeiture under subsection (5) is not paid
within the time specified by the Minister, or within 30 days of written notice
of the penalty being given by the Minister to the holder of the licence if no
other time is specified by the Minister, the licence is thereby forfeited.
(7) In this section
licence means the exploration licence or the retention licence, as the case
requires.
[Section 96A inserted: No. 69 of 1981 s. 22;
amended: No. 100 of 1985 s. 69; No. 22 of 1990 s. 38; No. 37 of 1993 s. 10(2);
No. 15 of 2002 s. 28; No. 51 of 2012 s. 29.]