Western Australian Current Acts

OFFSHORE MINERALS ACT 2003 - SECT 73

73 .         Matters to be determined before applications for exploration licence over tender blocks invited

                If the Minister proposes to invite applications for the grant of an exploration 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 licence conditions.