Expiry and Extension Of Term (Renewal) (WA)
Under s61(2) of the Act an Exploration Licence holder may apply to extend the term of the licence if the requirements of r23AB are met. Under s61(3) the licence stays in force until the extension application is determined.
Pre 10 February 2006 exploration licences have a period of 5 years and can be then renewed for 1 or 2 years (twice) and in exceptional circumstances further periods of one year. Post 10 February 2006 exploration licences have a period of 5 years and can be then renewed once for 5 years, thereafter period of 2 years.