Queensland Consolidated Acts

MINERAL RESOURCES ACT 1989 - SECT 317ZB

317ZB Requirements for making tender

A tender for a mining lease must—

(a) be in the approved form; and

(b) be accompanied by a statement—

(i) that describes the initial development plan or mining program proposed for the mining lease, if granted; and

(ii) that states the estimated human, technical and financial resources proposed to be committed to the initial development plan or mining program during each year of the mining lease, if granted; and

(c) be accompanied by a statement, separate from the statement mentioned in paragraph (b) , detailing the tenderer’s financial and technical resources; and

(d) be accompanied by the following—

(i) proof of the tenderer’s identity;

(ii) the application fee prescribed by regulation;

(iii) if security is required to be deposited for the tender—the tenderer’s security;

(iv) if a process for appointing a preferred tenderer involving a cash bid component is to be used for deciding the call—the tenderer’s cash bid.