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Right of Minister to explore and prospect for petroleum.
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11.—(1) Where there is not in relation to any area an existing exploration licence, a petroleum prospecting licence, a reserved area licence or a petroleum lease—
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(a) the Minister may exercise in relation to that area all the powers which could be exercised by him if he were in fact the holder of an exploration licence in relation to that area,
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(b) the Minister, with the consent of the Minister for Finance, may, subject to subsection (2) of this section, exercise, in relation to that area, all the powers which could be exercised by him if he were in fact the holder of a petroleum prospecting licence in relation to that area.
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(2) The Minister shall not exercise the powers conferred on him by paragraph (b) of subsection (1) of this section in relation to any area unless, at least twenty-one days before doing so, he has—
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(a) published, in one or more newspapers circulating in the locality, notice of his intention to do so, and
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(b) deposited in the office of the Geological Survey, Dublin and in one or more places in the locality, a map showing the boundaries of that area.
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