13 Exploration licences (1) The holder of an exploration licence is, subject to section 43(1), entitled to carry out exploration on the land covered by the licence. (2) An exploration licence must describe the land by reference to graticular sections (whether whole or part), unless the Minister decides otherwise. (3) An exploration licence— (a) is current for the time specified in the licence S. 13(3)(a) substituted by (unless it is surrendered or cancelled earlier No. 82/2000 or unless this Act otherwise provides); and s. 12(1). (b) may be renewed in accordance with the provisions of this Part; and (c) applies to the area, not less than 1 nor more than 500 graticular sections, specified in the licence, unless the Minister decides otherwise. (4) In issuing an exploration licence, the Minister S. 13(4) inserted by may specify on the licence that it is to remain No. 82/2000 current for a period of up to 5 years from the date s. 12(2). on which it is registered. (5) For the purposes of section 8(1)(k) of the S. 13(5) inserted by Personal Property Securities Act 2009 of the No. 74/2010 Commonwealth, an exploration licence is declared s. 28(1). not to be personal property. 14 Mining licences (1) The holder of a mining licence is, subject to S. 14(1) amended by section 42(1), entitled to carry out mining on the Nos 82/2000 land covered by the licence and— s. 13(1), 10/2014 s. 6. (a) to explore for minerals; and
13 Exploration licences (1) The holder of an exploration licence is, subject to section 43(1), entitled to carry out exploration on the land covered by the licence. (2) An exploration licence must describe the land by reference to graticular sections (whether whole or part), unless the Minister decides otherwise. (3) An exploration licence— S. 13(3)(a) substituted by No. 82/2000 s. 12(1). (a) is current for the time specified in the licence (unless it is surrendered or cancelled earlier or unless this Act otherwise provides); and (b) may be renewed in accordance with the provisions of this Part; and (c) applies to the area, not less than 1 nor more than 500 graticular sections, specified in the licence, unless the Minister decides otherwise. S. 13(4) inserted by No. 82/2000 s. 12(2). (4) In issuing an exploration licence, the Minister may specify on the licence that it is to remain current for a period of up to 5 years from the date on which it is registered. S. 13(5) inserted by No. 74/2010 s. 28(1). (5) For the purposes of section 8(1)(k) of the Personal Property Securities Act 2009 of the Commonwealth, an exploration licence is declared not to be personal property. 14 Mining licences S. 14(1) amended by Nos 82/2000 s. 13(1), 10/2014 s. 6. (1) The holder of a mining licence is, subject to section 42(1), entitled to carry out mining on the land covered by the licence and— (a) to explore for minerals; and
90-92a115.docx