Effect of certificate of surrender

(1) Where pursuant to section 53(3), a certificate of surrender is issued, the Inspector– (a) shall, if part only of the land subject to a an prospecting licence or a mining licence is surrendered, amend the licence accordingly; or (b) shall, in any other case, cancel the licence, and in either case the Inspector shall give notice to the applicant of the amendment, or, as the case may be, the cancellation, and of the issue of the certificate of surrender. (2) The land in respect of which a certificate of surrender is issued shall be treated as having been surrendered with effect from the date on which notice of the surrender is given pursuant to sub-section (1) to the applicant for the certificate. (3) The surrender of any land does not affect any liability incurred before the date on which the surrender takes effect and any legal proceedings that might have been commenced or continued in respect of the liability against the applicant may be commenced or continued against that applicant.