Term and renewal of mining lease
38 Term and renewal of mining lease
A mining lease may be granted for such term as may be determined by the Minister and specified in the lease.
The holder of a mining lease may apply for the renewal of the lease before the expiration of the term of the lease.
An application for the renewal of a mining lease must be made to the Minister in a manner and form determined by the Minister before the date of expiry of the lease.
An application under subsection (3) must be accompanied by any other information that the Minister may require.
If an application for the renewal of a mining lease is not decided before the date on which the lease is due to expire, the lease continues in operation until the application is decided and, if the lease is renewed, the renewal dates from the date on which the lease would, but for this subsection, have expired.
If the Minister decides to grant a renewal, the mining lease will be renewed for a term determined by the Minister and specified in the lease.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.