Queensland Numbered Acts

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GEOTHERMAL ENERGY ACT 2010 No. 31 - SECT 204

204 Power to require security for geothermal tenure

(1) The Minister may require a geothermal tenure holder or a person who has applied for a geothermal tenure to give the State security for the tenure, or proposed tenure.

(2) The security must be--

(a) in the form prescribed under a regulation; and
(b) of at least the amount prescribed under a regulation.

(3) The requirement may be made at any time.

(4) However, the requirement does not take effect until the holder or applicant is given--

(a) for a requirement to give security in the form and amount prescribed under subsection (2)--notice of the requirement; or
(b) otherwise--an information notice about the decision to make the requirement.


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