Objects
3A Objects
The objects of this Act are to encourage and facilitate the discovery and development of mineral resources in New South Wales, having regard to the need to encourage ecologically sustainable development, and in particular—
to recognise and foster the significant social and economic benefits to New South Wales that result from the efficient development of mineral resources, and
to provide an integrated framework for the effective regulation of authorisations for prospecting and mining operations, and
to provide a framework for compensation to landholders for loss or damage resulting from such operations, and
to ensure an appropriate return to the State from mineral resources, and
to require the payment of security to provide for the rehabilitation of mine sites, and
to ensure effective rehabilitation of disturbed land and water, and
to ensure mineral resources are identified and developed in ways that minimise impacts on the environment.
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