(1) A licence holder
must remove all unused mining property brought by the licence holder into
coastal waters within —
(a)
3 months after the expiry, cancellation, transfer or surrender of the
licence; or
(b) such
other period as the Minister determines by written notice given to the licence
holder.
Penalty: a fine of $1 000.
Daily penalty: a fine of $100.
(2) The Minister may,
by further written notice given to the licence holder, extend a period
determined under subregulation (1)(b).