Minister may pay for surrender of licences
121B Minister may pay for surrender of licences
The Minister may pay an amount, determined by Order made under subsection (2), for the surrender within 6 months after the commencement of the Resources Legislation Amendment (Fracking Ban) Act 2017 of any of the following licences if the licence is in force immediately before that commencement—
an exploration licence under which the holder is entitled to carry out exploration for coal seam gas;
a mining licence or retention licence under which the holder is entitled to carry out mining of or exploration for coal seam gas.
The Minister may determine, by Order published in the Government Gazette, the amount for the purposes of subsection (1).
S. 121C inserted by No. 37/2026 s. 145.
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