(1) Section 284(2)—
renumber as section 284(4).
(2) Section 284(1)—
omit, insert—
'(1) The initial term of a mining lease is the period approved by the Minister, unless the lease is sooner terminated.
'(2) Despite subsection (1), the term of the mining lease must not be for a period longer than the period for which compensation has been agreed or determined under section 279, 281 or 282.
'(3) The initial term of a mining lease commences on the first day of the month that next follows the day the mining lease is granted.'.