Transfer of rights and licences.
10. A prospecting right shall not be transferable, but an exclusive licence to prospect or any portion of the rights granted under such licence may be transferred with the consent in writing of the Governor, signified by endorsement thereon.
Revocation of licences.
11. In case of any breach by the holder of a prospecting right or exclusive licence to prospect or by any attorney, agent, or employee of such holder, of any of the provisions of this Proclamation or of any rule or regulation made thereunder, the Governor may summarily revoke the said right or licence and thereupon all privileges and rights conferred thereby or enjoyed thereunder shall as from the date of such revocation cease: Provided always that the fact of such revocation shall not in any way affect the liability of such holder, attorney, agent, or employee, in respect of the breach of any provision of this Proclamation or of any such rule or regulation committed by him before such revocation.
Surrender of licence.
12. An exclusive licence to prospect or any portion of the rights granted under such licence may be surrendered at any time after three months’ notice in writing has been given of the intention to surrender: Provided that such surrender shall not affect any liability incurred by the holder before such surrender shall have taken effect.
No grant except to holder of prospecting right or exclusive licence.
13.—(1) It shall not be lawful for the Governor to grant a mining lease to any person other than the holder of a prospecting right or an exclusive licence to prospect, nor to any person who cannot show to his satisfaction that he has, either himself or by his duly authorised agent, carried out bonâ fide prospecting operations on the area applied for.
Right of exclusive licence holder.
(2) The holder of an exclusive licence to prospect who has fulfilled all the conditions attached thereto shall be entitled to the grant of a mining lease in respect of any portion of the area covered by such licence subject to the conditions relating to the grant of such leases.