Caveats deemed to be lodged against later tenements
122C Caveats deemed to be lodged against later tenements
If a caveat has been lodged against —
a mining tenement and the holder of that tenement is granted a mining lease or general purpose lease (the later tenement) under section 49, 67 or 70L in respect of the land or a part of the land the subject of the tenement; or
a mining tenement and the holder of that tenement is granted a retention licence (the later tenement) under section 70B in respect of the land or a part of the land the subject of the tenement; or
a special prospecting licence granted under section 56A, 70 or 85B and the holder of that licence is granted a mining lease for gold (the later tenement) under section 56A(8), 70(8) or 85B(7) in respect of the land or a part of the land the subject of the licence,
the caveat is taken to have been also lodged against the later tenement and a memorial to that effect is to be entered in the register.
A caveat to which subsection (1) applies has effect, in relation to a later tenement, from the day on which the later tenement is granted.
[Section 122C inserted: No. 54 of 1996 s. 18; amended: No. 31 of 2022 s. 37.]
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