(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]