Section 7
Terms and conditions
of Mining Act
ActIn forceProvision 7 of 22
Section 7
(1)
No prospecting licence shall be issued until the security applicant has deposited as security in respect thereof such 5
sum, not being less than $100,000, as the Minister may de-
-
termine.
(2)
In lieu of a deposit the Minister may accept from the applicant a bond with a surety approved by the Minister.