Why is there even an end date on these types of leases?
Once the capital has been spent and the infrastructure put in place, they should be allowed to conduct their business until the resource is depleted, or it is no longer profitable to extract (assuming they continue to follow all safety and environmental laws pertaining to them).
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- Labor approves extension of Woodside Lease with no Tax provision
Labor approves extension of Woodside Lease with no Tax provision, page-21
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Professor John Aitken, Scientific Director
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