Western Australian Current Acts

OFFSHORE MINERALS ACT 2003 - SECT 217

217 .         Matters to be determined before applications for mining licence over tender blocks invited

        (1)         If the Minister proposes to invite applications for the grant of a mining licence over reserved blocks, the Minister must, before inviting the applications, determine —

            (a)         the procedure and criteria that the Minister will adopt to allocate the licence; and

            (b)         the amount of security that will be required for the licence under section 399; and

            (c)         the initial term of the licence; and

            (d)         the licence conditions.

        (2)         The term determined under subsection (1)(c) is not to exceed 21 years.