(1) A mining licence
holder may surrender a block or some of the blocks covered by the licence if
the remaining blocks in the licence area form a discrete area.
Note:
See section 264 for
the surrender of the whole licence.
(2) A surrender under
subsection (1) must —
(a) be
made in writing; and
(b)
identify the blocks surrendered; and
(c) be
given to the Minister.
Note:
The surrender takes
effect when it is registered under section 337 (see section 337(5)).