(1) A person claiming
an interest in a mining tenement may lodge —
(a) a
caveat against the mining tenement forbidding the registration of a dealing or
surrender affecting the mining tenement or interest; or
(b) a
caveat against the mining tenement forbidding the registration of —
(i)
a dealing affecting the mining tenement or interest
unless the dealing expressly states that it is to be subject to the interest
claimed by the caveator; or
(ii)
a surrender affecting the mining tenement or interest.
(2) If —
(a) the
holder of a mining tenement has entered into an agreement with another person
relating to —
(i)
the sale of the holder’s interest in the mining
tenement; or
(ii)
any other matter connected with the holder’s
interest in the mining tenement;
and
(b) the
agreement so provides,
either party to the
agreement may lodge a caveat against the mining tenement forbidding the
registration of a dealing or surrender affecting the mining tenement or
interest together with a copy of the agreement.
(3) A caveat lodged
under this section is to —
(a) be
in the prescribed form; and
(ba) be
lodged in the prescribed manner; and
(b) be
accompanied by the prescribed fee; and
(c)
state the full name and address of the caveator; and
(d) be
signed by the caveator or an agent of the caveator; and
(e) give
an address within the State for the service of notices and proceedings in
relation to the caveat.
(4) If a caveat is
lodged under this section —
(a) a
memorial or copy of the caveat is to be entered in the register; and
(b)
except in the case of a consent caveat lodged by the holder of a mining
tenement, a notice stating that the caveat has been lodged is to be sent by
certified mail to the holder of the mining tenement affected by the caveat.
(5) Subject to
section 122B, a caveat lodged under this section has effect from the time of
lodgment.
(6) Successive caveats
shall not be lodged by, or on behalf of, the same person in respect of the
same subject matter except with the consent of a warden.
[Section 122A inserted: No. 54 of 1996 s. 18 (as
amended: No. 39 of 2004 s. 104(a) and (b)); amended: No. 12 of 2010 s. 39.]