7. A prospecting right and an exclusive licence to prospect shall, subject to the terms thereof and to the prescribed regulations, entitle the holder thereof to enter upon any land and prospect for minerals, and any person interfering with or obstructing such holder in the exercise of any rights hereby conferred upon him shall be guilty of an offence and shall be liable to a penalty not exceeding £25 or to imprisonment for a term not exceeding three months. [Sidenote: Settlement of disputes.] 8. All disputes between holders of exclusive licences to prospect in respect of the exercise of the rights granted by such licences shall be submitted through the Government Inspector of Mines to the Governor for his decision, which shall be final and conclusive between the parties: Provided always that the Governor may in his discretion refer any particular matter in dispute to a court for its decision. [Sidenote: Penalty for prospecting without a right or licence.] 9. Any person prospecting without a prospecting right or licence to prospect shall be guilty of an offence and shall on conviction before a court be liable to a penalty not exceeding £50 or to imprisonment for a term not exceeding six months. [Sidenote: 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. [Sidenote: 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. [Sidenote: 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. [Sidenote: No grant except to holder of prospecting right or exclusive licence.]