|ONSHORE EXPLORATION||ACT REFERENCE|
|Title of tenement||Geothermal Exploration Licence (GEL)|
|Who can apply||An individual, a body corporate (i.e. a company) or an unincorporated association of persons and bodies corporate (i.e. a joint venture involving several persons and/or companies). A foreign corporation application must be registered under the provisions of the Corporations Act 2001.|
|When application can be made||Initial licence at any time over an area which is not in a competitive tender region, otherwise by the closing time and date specified. |
Renewal of licence not less than 2 months before existing licence is due to expire.
|Maximum area||GEL - 3,000 km2|| |
|Application fee (exempt from GST)|| |
For initial application - $4,254
For each renewal - $2,128
|Security||Specified in letter of offer|
|Term of licence||Initial term 5 years. |
Each renewal (to a maximum of 2 x 5) years.
|Annual fees payable (exempt from GST)|| |
Initial 5-year licence term - *minimum $3,599 or $1.35 per km2 whichever is greater.
First renewal (2nd 5-year licence term) where licence is renewable for one further term) - *minimum $3,599 or $2.00 per km2 whichever is the greater.
First renewal (2nd 5-year licence term) where licence is renewable for two further terms) - *minimum $3,599 or $1.65 per km2 whichever is the greater.
Second renewal (3rd 5-year licence term) - *minimum $3,599 or $3.30 per km2 whichever is greater.
|Minimum work commitments||As negotiated with applicant after application (which must contain a proposed 5-year work program) has been received.||s.25|
|Area to be relinquished on each renewal||50% or 33.3% of original licence area; this is in addition to any areas voluntarily surrendered during each 5-year licence term.||s.26(3)|
|Fees for Minister's consent to dealing in licence |
(Exempt from GST).
|$2,128 per transaction (document)|| |
|Fee for inspection of Commercial Register |
(Exempt from GST).
|Method of application||An application for a Exploration Licence, |
(a) must be addressed to the Minister; and
(b) must be signed or executed by the applicant; and
(c) must include, or be accompanied by, the following information or material (in addition to the material required by the Act):
|Penalty for non-payment of annual rental fees.||All fees are payable in advance. Fees not paid by the due date may attract a fine of the greater of either $1,000 or 10% of the outstanding fee. In addition, interest on any outstanding amount will accrue at the rate of 6% per annum.|| |
|Licence variations |
(Exempt from GST).
|On application by the licensee, the Minister may at any time during the term of the licence, vary or revoke a condition of the licence or attach new conditions to the licence. Fee $2,128.|| |
|Environmental conditions.||As set out in the Regulations and licence documentation, any special conditions will be outlined in the letter of offer attached to the licence.|
|Surrenders (partial or whole of licence).||The Act requires the licensee to apply to the Minister for permission to surrender. |
Surrender is only permitted if the licensee has fulfilled all the terms and conditions of the licence up to and including the year in which the application to surrender is lodged. Licensees are required to lodge all outstanding data on their licences and carry out the clean-up and rehabilitation of their licence areas (where necessary) as a condition of surrender.
Surrenders are effective from the end of the appropriate year of the term of the licence (unless specified otherwise).
|Required notice for approval to undertake work in licence area.||Three months notice is required to arrange necessary clearances with other government agencies. This is carried out by the Department of State Development on the behalf of the licensee.|
|Required notice of entry to landholders.|| |
A licensee must, at least twenty one days before entering the land, give written notice to the occupier of the land.
|Gazettals||Gazettals occur on: |
(a). grant of licence.
(b). surrender of licence.
(c). suspension of licence.
(d). cancellation of licence.
(e). deferment, variation or reduction of a work program where a licence was granted on the basis of competitive tender.
|Suspension and cancellation||The Act provides for suspension and/or cancellation for failure to comply with licence conditions.||s.91|
|Criteria||Criteria to be considered for the grant of a GEL||s.23|
Fees current as at 1 July 2016.
* The annual licence fee for a low level supervision operator may be reduced by an amount not exceeding 50%.