Land the subject of mining lease not to be again marked out for a certain period
85A Land the subject of mining lease not to be again marked out for a certain period
Where a mining lease is surrendered or forfeited, or expires, the land the subject of the lease or any part of that land shall not be marked out or applied for as a prospecting licence or an exploration licence by or on behalf of —
the person who was the holder of the mining lease immediately prior to the date of the surrender, forfeiture or expiry; or
any person who had an interest in the mining lease immediately prior to that date; or
any person who is related to a person referred to in paragraph (a) or (b),
within a period of 3 months from and including that date.
For the purposes of subsection (1) the holding of shares in a listed public company which held the mining lease in question does not of itself constitute an interest in the mining lease.
[Section 85A inserted: No. 37 of 1993 s. 12(1); amended: No. 15 of 2002 s. 16.]
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