410
CurrentCertain interests not interests for certain purposes
Chapter 14Miscellaneous provisions
410 Certain interests not interests for certain purposes
For the purposes of this Act a person who holds or becomes entitled (directly or indirectly) to the benefits of any interest in a mining claim, exploration permit, mineral development licence or mining lease by virtue of—
(a)
the person being a beneficiary in a deceased estate; or
(b)
the person entitlement to share in profits of a public company;
does not hold an interest in the mining claim, exploration permit, mineral development licence or mining lease.
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