Document ID: chunk:federal_register_of_legislation:C2024C00638:section:217
Version: federal_register_of_legislation:C2024C00638
Segment Type: section
Provision Reference: s 217
Character Range: 213586–214202

217  Matters to be determined before applications for mining licence over tender blocks invited
 (1) If the Joint Authority proposes to invite applications for the grant of a mining licence over reserved blocks, the Joint Authority must, before inviting the applications, determine:
 (a) the procedure and criteria that the Joint Authority 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 initial term of the licence; and
 (d) the licence conditions.
 (2) The term determined under paragraph (1)(c) is not to exceed 21 years.