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MINERAL RESOURCES ACT 1989 - SECT 318EG
Power to require partial surrender application
318EG Power to require partial surrender application
(1) This section applies if the proposed plan provides for a significant
change that is a cessation or reduction of mining or other purposes for which
the mining lease is granted.
(2) The Minister may approve the proposed plan,
but— (a) decide (a
"deferral decision" )— (i) to defer the taking of effect of the approval
until the mining lease holder applies under section 309 to surrender a stated
part or percentage of the area of the lease on or before a stated day; and
(ii) that the decision to approve the proposed plan is replaced by a decision
not to approve it if the surrender application is not made on or before the
stated day; or
(b) impose a condition on the mining lease requiring its
holder to apply under section 309 to surrender a stated part or percentage of
the area of the lease at stated times or intervals.
(3) The public interest
must be considered before making a deferral decision or imposing the
condition.
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