(1) Subject to this
Act a mining tenement may be sold, encumbered, transmitted, seized and sold to
satisfy a judgment, or otherwise disposed of.
(2) A legal or
equitable interest in or affecting a mining tenement is not capable of being
created, assigned, affected or dealt with, whether directly or indirectly,
except by an instrument in writing signed by the person creating, assigning or
otherwise dealing with the interest.
[Section 119 amended: No. 10 of 1982 s. 28; No. 37
of 1993 s. 27; No. 58 of 1994 s. 46; No. 59 of 2004 s. 116.]