South Australian Numbered Acts

STATUTES AMENDMENT (MINERAL RESOURCES) ACT 2019 (NO 29 OF 2019) - SECT 47

47—Amendment of section 38—Term and renewal of mining lease

        (1)         Section 38(1)—delete ", not exceeding 21 years,"

        (2)         Section 38(2) to (6)—delete subsections (2) to (6) (inclusive) and substitute:

        (2)         The holder of a mining lease may apply for the renewal of the lease before the expiration of the term of the lease.

        (3)         An application for the renewal of a mining lease must be made to the Minister in a manner and form determined by the Minister before the date of expiry of the lease.

        (4)         An application under subsection (3)

must be accompanied by any other information that the Minister may require.

        (5)         If an application for the renewal of a mining lease is not decided before the date on which the lease is due to expire, the lease continues in operation until the application is decided and, if the lease is renewed, the renewal dates from the date on which the lease would, but for this subsection, have expired.

        (6)         If the Minister decides to grant a renewal, the mining lease will be renewed for a term determined by the Minister and specified in the lease.