Queensland Numbered Acts

MINERAL AND ENERGY RESOURCES (FINANCIAL PROVISIONING) ACT 2018 - SECT 37

37 When changed holder review decision takes effect

(1) The changed holder review decision takes effect—

(a) for an application mentioned in section 32(1)(c)(i)—if and when the application is approved under the Mineral and Energy Resources (Common Provisions) Act 2014 ; or

(b) for a change mentioned in section 32(1)(c)(ii)—on the day that is 10 business days after the notice under section 36 is given to the interested entity; or

(c) for a proposed application mentioned in section 33(1)(c)(i)—if and when the application is made and approved under the Mineral and Energy Resources (Common Provisions) Act 2014 ; or

(d) for a proposed change mentioned in section 33(1)(c)(ii)—if and when the proposed change happens.

(2) However—

(a) subsection (1)(c) applies only if the proposed application is made within the prescribed period after the notice under section 36 is given to the interested entity; and

(b) subsection (1)(d) applies only if the proposed change happens within the prescribed period after the notice under section 36 is given to the interested entity.

(3) In this section—

"prescribed period" means—

(a) the period prescribed by regulation for this paragraph; or

(b) if no period is prescribed under paragraph (a)—6 months.