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MINERAL RESOURCES ACT 1989 - SECT 55
Restriction upon number of mining claims
55 Restriction upon number of mining claims
(1) A person shall not at any time be the holder of or have an interest,
direct or indirect, in more than 2 mining claims.
(2) The Minister may call
upon a person to show cause why a mining claim or interest held by that person
in contravention of subsection (1) should not be cancelled.
(3) If the
Minister is not satisfied that there is good reason why the Minister should
not do so, the Minister may cancel the mining claim or interest.
(4) Where,
pursuant to subsection (3) an interest only in a mining claim is cancelled,
each holder of any other interest in the mining claim shall hold an interest
in the mining claim in the same proportion that the holder’s original
interest bears to the aggregate of the remaining interests.
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