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DraftAs enacted

Part 2 · Regulation of Deep Seabed Mining

14. Suspension or revocation of licence

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(1)

The Minister may suspend or revoke a licence if —

(a)

the licensee has contravened the provisions of this Act or the conditions of the licence;

(b)

the corresponding ISA contract is suspended for any reason;

(c)

the Minister is satisfied that the licensee has not been carrying on, or will not be able to carry on, the licensee’s exploration or exploitation activities in a proper and satisfactory manner; or

(d)

the Minister is satisfied that it is in Singapore’s interest to suspend or revoke the licence.

(2)

If the Minister revokes a licence, the Minister may withdraw any certificate of sponsorship issued to the licensee.

Report

Part 3

Enforcement of Decisions and Awards

Part 4

Miscellaneous