Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002)Chapter 6 : Petroleum Exploration and Production78. Rights and obligations of holder of technical co-operation permit |
| (1) | The holder of a technical co-operation permit has, subject to section 79, the exclusive right to apply for and be granted an exploration right in respect of the area to which the permit relates. |
| (2) | The holder of a technical co-operation permit must— |
| (a) | actively carry out the technical co-operation study in accordance with the technical co-operation work programme; |
| (b) | comply with the terms and conditions of the technical co-operation permit, the relevant provisions of this Act and any other law; and |
| (c) | submit a technical co-operation permit for recording in the Mineral and Petroleum Titles Registration Office. |
[Section 78(2)(c) inserted by section 56 of the Mineral and Petroleum Resources Development Amendment Act, 2008]
