QLDIn ForceAct
Duties Act 2001
sec.84EWhat is the expenditure completion date and an ECD variation
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### sec.84E What is the expenditure completion date and an ECD variation
The expenditure completion date for an exploration amount for the transfer of an interest in an exploration authority under a farm-in agreement is—
the day stated in the agreement on or before which the exploration amount must be spent; or
if the farmor and farmee agree to vary the day mentioned in paragraph (a) —the day as varied; or
if the day mentioned in paragraph (b) is further varied—the day as further varied.
A variation mentioned in subsection (1) (b) or (c) is an ECD variation .
s 84E ins 2015 No. 4 s 15
(sec.84E-ssec.1) The expenditure completion date for an exploration amount for the transfer of an interest in an exploration authority under a farm-in agreement is— the day stated in the agreement on or before which the exploration amount must be spent; or if the farmor and farmee agree to vary the day mentioned in paragraph (a) —the day as varied; or if the day mentioned in paragraph (b) is further varied—the day as further varied.
(sec.84E-ssec.2) A variation mentioned in subsection (1) (b) or (c) is an ECD variation .
- (a) the day stated in the agreement on or before which the exploration amount must be spent; or
- (b) if the farmor and farmee agree to vary the day mentioned in paragraph (a) —the day as varied; or
- (c) if the day mentioned in paragraph (b) is further varied—the day as further varied.