Document ID: chunk:federal_register_of_legislation:C2024C00638:section:75
Version: federal_register_of_legislation:C2024C00638
Segment Type: section
Provision Reference: s 75
Character Range: 103908–104672

75  Tender block licence notice—exploration licence
 (1) A tender block licence notice for an exploration licence must:
 (a) specify the blocks to be covered by the licence; and
 (b) specify the period within which applications may be made; and
 (c) specify the procedure and criteria that the Joint Authority will adopt to allocate the licence; and
 (d) specify the amount of security that the successful applicant will be required to lodge; and
 (e) include a statement to the effect that information about:
 (i) the security that the successful applicant will be required to lodge; and
 (ii) the licence conditions;
  may be obtained from the Designated Authority.
 (2) The tender block notice may specify not more than 500 blocks for the exploration licence.