84D
In forceWhat is a 100% transfer farm-in agreement
Chapter 2Transfer duty
Part 8AConcessions for farm-in agreements
Division 1Some basic concepts about farm-in agreements
84D What is a 100% transfer farm-in agreement
A 100% transfer farm-in agreement, for an exploration authority, is a deferred farm-in agreement or upfront farm-in agreement under which, on the completion of all the transfers of interests in the exploration authority that are proposed to be made by the farmor under the agreement, 100% of the interest in the exploration authority will be held by the farmee.
This Act’s bill:Explanatory memorandum
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