sec.214Continuing effect of indicative approval

### sec.214 Continuing effect of indicative approval This section applies if, under a Resource Act, the Minister gave a resource authority holder an indicative approval that the Minister was likely to approve an assessable transfer under that Act and the indicative approval was given— before the commencement; or after the commencement under section 213. The indicative approval remains binding on the Minister in relation to registering the transfer of the resource authority under this Act if, under the former provisions of the relevant Resource Act for the resource authority, the approval to register the transfer would be taken to have been given. For a resource authority under the Petroleum and Gas (Production and Safety) Act 2004 , see sections 573C and 573D as in force before repeal under this Act. In this section— assessable transfer , under a Resource Act— means an assessable transfer as defined under the Resource Act immediately before the commencement; but does not include an application transfer under the Mineral Resources Act. former provisions , of a Resource Act, means the provisions of the Resource Act that, immediately before the commencement, related to the Minister deciding whether or not to give an approval of an assessable transfer. (sec.214-ssec.1) This section applies if, under a Resource Act, the Minister gave a resource authority holder an indicative approval that the Minister was likely to approve an assessable transfer under that Act and the indicative approval was given— before the commencement; or after the commencement under section 213. (sec.214-ssec.2) The indicative approval remains binding on the Minister in relation to registering the transfer of the resource authority under this Act if, under the former provisions of the relevant Resource Act for the resource authority, the approval to register the transfer would be taken to have been given. For a resource authority under the Petroleum and Gas (Production and Safety) Act 2004 , see sections 573C and 573D as in force before repeal under this Act. (sec.214-ssec.3) In this section— assessable transfer , under a Resource Act— means an assessable transfer as defined under the Resource Act immediately before the commencement; but does not include an application transfer under the Mineral Resources Act. former provisions , of a Resource Act, means the provisions of the Resource Act that, immediately before the commencement, related to the Minister deciding whether or not to give an approval of an assessable transfer. - (a) before the commencement; or - (b) after the commencement under section 213. - (a) means an assessable transfer as defined under the Resource Act immediately before the commencement; but - (b) does not include an application transfer under the Mineral Resources Act.