Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002)Chapter 6 : Petroleum Exploration and Production77. Issuing and duration of technical co-operation permit |
| (1) | Subject to subsection (4), the Minister must issue a technical co-operation permit if— |
| (a) | the applicant has access to financial resources and has the technical ability to conduct the proposed technical co-operation study; |
| (b) | the estimated expenditure is compatible with the intended technical co operation study and duration of the technical co-operation programme; and |
| (c) | the applicant is not in contravention of any relevant provision of this Act |
| (2) | The Minister must refuse to issue a technical co-operation permit if the application does not meet all the requirements referred to in subsection (1). |
| (3) | If the Minister refuses to issue a technical co-operation permit, the Minister must, within 30 days of the decision, in writing notify the applicant of the decision and the reasons therefor. |
| (4) | A technical co-operation permit issued in terms of subsection (1) is— |
| (a) | subject to prescribed terms and conditions; |
| (b) | valid for a period not exceeding one year; |
| (c) | not transferable; and |
| (d) | not renewable. |