Mitigation requirements
104 Mitigation requirements
This section applies if, immediately before the commencement, under the repealed Act, section 104(2), it is taken to be a condition of a resource authority that its holder must comply with the mitigation requirement (the transitioned mitigation requirement).
The transitioned mitigation requirement is taken to be an SCL mitigation condition imposed on a regional interests development approval issued to the resource activity holder under section 102.
For subsection (2)—
a payment made to the mitigation fund under the repealed Act for the mitigation requirement is taken to be a payment made to the mitigation fund under part 4 of this Act for the SCL mitigation condition; and
a mitigation deed entered into under the repealed Act for the mitigation requirement is taken to be a mitigation deed entered into under part 4 of this Act for the SCL mitigation condition.
In this section—
mitigation requirement see the repealed Act, section 11(7).
This Act’s bill:Explanatory memorandumSecond reading speech
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