Victorian Current Acts

UNDERSEAS MINERAL RESOURCES ACT 1963 - SECT 2

S. 2(1) amended by Nos 7591
s. 2(Sch. 1 item 2), 92/1990
s. 128(Sch. 1 item 31), 63/2006 s. 61(Sch. item 31).

    (1)     For the purpose of encouraging the exploration and exploitation of the mineral resources of the sea bed and its subsoil it is hereby declared that the provisions of the Mineral Resources (Sustainable Development) Act 1990 extend and apply and shall be deemed to have always extended and applied to the sea bed and its subsoil within the territorial limits of Victoria and to those parts of the sea bed and its subsoil of the submarine areas outside such territorial limits to which the jurisdiction and legislative power of the State of Victoria extends in the same manner and to the same extent as if such sea bed and subsoil were land within Victoria.

S. 2(2) amended by Nos 7591
s. 2(Sch. 1 item 2), 92/1990
s. 128(Sch. 1 item 31), 63/2006 s. 61(Sch. item 31).

    (2)     In the application of the said Mineral Resources (Sustainable Development) Act 1990 gold silver uranium thorium and other minerals found on or in such sea bed or subsoil shall be deemed to be the property of the Crown.

S. 2(3) amended by Nos 7591
s. 2(Sch. 1 item 2), 92/1990
s. 128(Sch. 1 item 31), 63/2006 s. 61(Sch. item 31).

    (3)     It is hereby declared that the power to make regulations or by-laws conferred upon the Governor in Council by the Mineral Resources (Sustainable Development) Act 1990 shall extend and apply and shall be deemed to have always extended and applied to the making of regulations or by-laws of general application or of a specially limited application for or with respect to the exploration and exploitation of the mineral resources of such sea bed and its subsoil.

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