South Australian Current Acts

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MINING ACT 1971 - SECT 42

42—Preliminary

        (1)         Subject to this Act, the Minister may grant a retention lease to the holder, or to a related body corporate of the holder, of—

            (a)         a registered mineral claim, in respect of the whole or part of land comprised in the claim; or

            (b)         an exploration licence, in respect of the whole or part of land comprised in the licence; or

            (c)         a mining lease, in respect of the whole or part of land comprised in the lease.

        (2)         If a registered mineral claim or exploration licence relates to a particular stratum, the retention lease must, if granted, relate to the same stratum.

        (3)         A retention lease is not required to be registered under the Real Property Act 1886 .



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