779
In forceExisting agreements about compensation
Chapter 15Transitional, declaratory and validating provisions
Part 2Transitional provisions before Mines Legislation (Streamlining) Amendment Act 2012
Division 13Transitional provisions for amendments under Geothermal Energy Act 2010
Subdivision 2Provisions for amendments about compensation and the land access code
779 Existing agreements about compensation
(1)
This section applies if immediately before the commencement of this section an agreement was in force between—
(a)
an exploration permit holder and an owner about the owner’s entitlement under former section 145; or
(b)
a mineral development licence holder and an owner about the owner’s entitlement under former section 191.
(2)
On the commencement, the agreement becomes a conduct and compensation agreement under schedule 1.
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