Rent is required to be paid within 1 month of the anniversary of the commencement of term (date of grant).
- A form 5 Report on Operations - Expenditure on mining tenement is required to be lodged within 60 days of the anniversary of the commencement of term (grant date).
- An extension of term(Form 9) can be lodged during the final year of the initial term any retention licence and can be extended for further periods
- Program of Works to be submitted to Environment Division.
- Mining Rehabilitation Fund
In some cases bonds may be applied to retention licences.