Western Australian Current Acts

OFFSHORE MINERALS ACT 2003 - SECT 171

171 .         Amendment of security requirements

        (1)         If the licence holder —

            (a)         has been provisionally granted a renewal of the licence under section 165; and

            (b)         is notified of a security requirement; and

            (c)         is dissatisfied with the amount of the security required,

                the holder may ask the Minister to make a new determination under section 399.

        (2)         The request must be made within 30 days after the day on which the holder is given notice under section 169.

        (3)         If a request is made under subsection (1), the Minister may make a new determination under section 399.

        (4)         The Minister must give the holder written notice of the new determination.