The provisional grant
of a mining licence is properly accepted by the provisional holder if, within
30 days after the day on which the provisional holder is given notice under
section 227, the provisional holder —
(a)
gives the Minister a written acceptance of the grant; and
(b)
lodges any security required under section 399; and
(c) pays
the fee that must be paid for the licence under section 425; and
(d) if
the tender is determined on the basis of the amounts of money offered for the
licence, pays to the Minister the amount that the provisional holder offered
for the licence under section 221(1)(d).
Note:
Under section 232, the
grant of the licence cannot be effective before it is registered (see
section 333 for registration).