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MINERAL RESOURCES ACT 1989 - SECT 315B
Surrender report for mining lease
(1) This section applies in relation to a holder of a mining lease who
applies, under section 309 , to surrender the lease or a stated part or
percentage of the area of the lease.
(2) A regulation may— (a) require the
holder to give the Minister a report (a
"surrender report" ) about the surrender; and
(b) prescribe the following for
the surrender report— (i) when the report is to be given;
(ii) the
information to be contained in the report.
(3) The holder must give a
surrender report in compliance with the regulation. Penalty— Maximum
penalty—150 penalty units.
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