Mining Rehabilitation Fund Regulations 2013

For the purposes of section 13 of the Act, the amount of levy payable in respect of a mining authorisation in a year is the amount worked out in accordance with the following formula —

For the purposes of subregulation (1), the rehabilitation liability estimate for a mining authorisation for a year is the amount obtained by —

for each rehabilitation liability category —

working out the total area of land (expressed in hectares and rounded to at least 2 decimal places) in the area of the mining authorisation that was in that category on the assessment day in that year for the mining authorisation; and

multiplying the figure worked out under subparagraph (i) by the unit rate that applies to that category;

adding together all of the amounts worked out under paragraph (a).

Despite subregulation (1), if the rehabilitation liability estimate worked out under subregulation (2) is $50 000 or less, the amount of levy payable in respect of the mining authorisation in the year is nil.

The rehabilitation liability categories of land in the area of a mining authorisation, and the unit rates applying to those rehabilitation liability categories, are determined in accordance with Schedule 1.