Mining Regulation 2016

For the Act, section 291AA(4), the eligibility criteria is the following—

the applicant, or related body corporate to the applicant, has a market value or capitalisation of less than $5 billion,

the primary purpose of the mining lease the subject of the application is the recovery of one or more critical minerals,

any critical mineral to be specified in the deferral approval must not have been recovered under the mining lease the subject of the application,

any critical mineral to be specified in the deferral approval must not have been recovered under a mining lease that—

was the last mining lease granted over the land before the mining lease the subject of the application was granted, and

was over land to which the mining lease the subject of the application applies.

In this clause—

related body corporate, in relation to an applicant, has the same meaning as in the Corporations Act 2001 of the Commonwealth.