Nunavut Mining Regulations

Marginal note:Application for renewal of lease

• 62 (1) A lease may be renewed by the lessee by making an application to the Mining Recorder at least 120 days before the day on which the lease expires but not earlier than two years before that day. The application must be accompanied by the applicable fee set out in Schedule 1 and the rent for the first year of the renewed lease.

• Marginal note:Renewal

  (2) If the requirements set out in subsection (1) are met, the Minister must renew the lease for a period of 21 years.