(1) A renewal of a
mining licence comes into force on —
(a) the
day on which the renewal is registered; or
(b) the
day on which the previous term of the licence expires,
whichever is the
later.
Note:
See Division 6 for
renewal.
(2) The term of a
renewal of a licence ends at the end of the period specified in the notice
under section 246.
Note:
1. For the maximum
term of renewal see section 246(3).
2. The licence may be
surrendered at any time (see section 264).
(3) The period runs
from the day on which the previous term of the licence expires.
(4) In working out the
period referred to in subsection (3) section 234 is to be disregarded.