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Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002)

Chapter 6 : Petroleum Exploration and Production

73. Invitation for applications

 

(1) The Minister may by notice in the Gazette invite applications for exploration and production rights in respect of any block or blocks, and may specify in such notice the period within which any application may be lodged with the designated agency and the terms and conditions subject to which such rights may be granted.

 

(2) The designated agency may otherwise directly receive applications for exploration and production rights in respect of such blocks, which are not subject to an invitation as contemplated in subsection (1).

 

(3) [Section 73(3) deleted by section 52 of the Mineral and Petroleum Resources Development Amendment Act, 2008]