Conditional Surrender (QLD)
A new EPM application can be made under section 131(3) or (4) MRA that consolidates multiple EPM is one EPM to facilitate administration and extend the terms.
"If you are applying to conditionally surrender part or whole an existing exploration permit in favour of a new one, the new permit application will take effect immediately prior to the granting of the newly granted permit. It must be in the same name as the surrendered one and completely surrendered in the area of the new permit. Only a single conditional surrender will be considered for any permit or set of permits, and no conditionally surrendered permits may be incorporated into further (bulk) conditional surrenders".