(1) The Minister must
give the applicant written notice of the Minister’s decision under
section 108.
(2) If the Minister
provisionally renews the exploration licence under section 108, the notice
must contain the following information —
(a)
notification of the conditions of the renewed licence;
(b)
notification of any determination under section 399 that the applicant must
lodge a security or a further security;
(c)
notification that the provisional renewal will lapse unless the applicant,
before the end of the primary payment period —
(i)
gives the Minister a written acceptance of the renewal;
and
(ii)
lodges any security required by the Minister under
section 399; and
(iii)
pays the fees that must be paid under section 425.
Note:
Section 118 provides
for renewals to be granted subject to conditions.