Surrender report for mining lease
315B Surrender report for mining lease
This section applies in relation to a holder of a mining lease who applies, under section 309, to surrender the lease or a stated part or percentage of the area of the lease.
A regulation may—
require the holder to give the Minister a report (a surrender report) about the surrender; and
prescribe the following for the surrender report—
when the report is to be given;
the format of the report;
the information to be contained in the report and the degree of precision required for the information.
The holder must give a surrender report in compliance with the regulation.
Maximum penalty—150 penalty units.
This provision refers to the regulations (A regulation
, the regulation
). Made under this Act:
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