Queensland Consolidated Acts
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MINERAL RESOURCES ACT 1989 - SECT 228
Effect of termination of mineral development licence
228 Effect of termination of mineral development licence
(1) This section applies on the termination of a mineral development licence.
(2) However, this section does not apply to a mineral development licence if
the termination is for granting a new mineral development licence or a mining
lease over the area of the terminated licence to the holder of the terminated
licence.
(3) On the termination of a mineral development licence, the
ownership of machinery, equipment and removable improvements (
"plant" ) on the area of the terminated licence divests from the owner and
vests in the State.
(4) However, subsection (3) applies to plant only if the
plant was brought on to the land under the terminated mineral development
licence.
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