Document ID: chunk:federal_register_of_legislation:C2025C00179:section:46
Version: federal_register_of_legislation:C2025C00179
Segment Type: section
Provision Reference: s 46
Character Range: 84671–85735

46  Term of a commercial licence
 (1) Before granting a commercial licence, the Minister must determine the end day of the licence.
 (2) The end day of a commercial licence must not be later than the day after the period of 40 years beginning on:
 (a) the day on which the licence is granted; or
 (b) if a later day is specified under paragraph 42(3)(b) as the day on which the licence comes into force—that later day.
However, this subsection does not limit an extension of a commercial licence under provisions of the licensing scheme made for the purposes of section 47.
 (3) The licensing scheme may provide for the manner in which the end day of a commercial licence is to be determined.

Effect of end day
 (4) On or after the end day of a commercial licence, the licence does not authorise the construction, installation, operation or maintenance of offshore renewable energy infrastructure, except to the extent necessary to decommission infrastructure.
Note: The licence remains in force until cancelled under section 73 or surrendered under section 74.