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DraftAs enacted

Part 2 · Regulation of Deep Seabed Mining

6. Grant of licence

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(1)

The Minister may grant a licence to explore for or exploit any type of resource in any part of the Area.

(2)

A licence must state —

(a)

the type of resource to which the licence applies;

(b)

whether the licensee is allowed to explore for or exploit the resource; and

(c)

the part of the Area in which the licensee is allowed to explore for or exploit the resource.

(3)

A licence must relate to only one type of resource.

Report

Part 3

Enforcement of Decisions and Awards

Part 4

Miscellaneous