Queensland Numbered Acts

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MINERAL AND ENERGY RESOURCES (COMMON PROVISIONS) ACT 2014 No. 47 - SECT 21

21 Security may be required

(1) This section applies if a prescribed dealing is a transfer of a resource authority or of a share in a resource authority.

(2) As a condition of deciding to give an approval under section 19, the Minister may require the proposed transferee to give the State security for the resource authority.

(3) The provisions of the relevant Resource Act for giving security for the type of resource authority are taken to apply to the proposed transferee and the security as if the security were given under those provisions.

Examples of the provisions of the relevant Resource Act—
For the Geothermal Act, see chapter 6, part 4.
For the Greenhouse Gas Act, see chapter 5, part 6.
For the Mineral Resources Act, see sections 83, 144, 190 and 277.
For the 1923 Act, see part 6G.
For the P&G Act, see chapter 5, part 1.


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