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Regulations in respect of grant of licence
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31. (1) The Minister may make regulations regarding the granting or renewal of prospecting licences and retention licences, including the following matters:
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(a) the manner of making an application;
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(b) the period that a licensee has to hold a prospecting licence before being eligible for a retention licence.
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(2) The regulations may differentiate according to the type of prospecting licence or retention licences or minerals involved.
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