sec.30Conduct and compensation agreement— Act , s 83

sec.30 Conduct and compensation agreement— Act , s 83

This section prescribes, for section 83 (4) of the Act , the requirements for a conduct and compensation agreement entered into by an eligible claimant and a resource authority holder. The agreement must— provide for the matters mentioned in section 83 (1) of the Act ; and state whether the agreement is for all or part of the holder’s compensation liability to the eligible claimant; and if the agreement is for only part of the compensation liability, state— details of each activity, or the effect of the activity, to which the agreement relates; and the period for which the agreement has effect; and provide— to the extent the compensation liability is monetary—the amount of the compensation; and for how and when the compensation liability will be met; and state that under section 92 of the Act — the resource authority holder is required to give notice of the agreement to the registrar; and the registrar is required to record the agreement in the relevant register. The agreement must be signed by— the eligible claimant; and the resource authority holder. This section does not limit the matters that may be provided for in a conduct and compensation agreement. (sec.30-ssec.1) This section prescribes, for section 83 (4) of the Act , the requirements for a conduct and compensation agreement entered into by an eligible claimant and a resource authority holder. (sec.30-ssec.2) The agreement must— provide for the matters mentioned in section 83 (1) of the Act ; and state whether the agreement is for all or part of the holder’s compensation liability to the eligible claimant; and if the agreement is for only part of the compensation liability, state— details of each activity, or the effect of the activity, to which the agreement relates; and the period for which the agreement has effect; and provide— to the extent the compensation liability is monetary—the amount of the compensation; and for how and when the compensation liability will be met; and state that under section 92 of the Act — the resource authority holder is required to give notice of the agreement to the registrar; and the registrar is required to record the agreement in the relevant register. (sec.30-ssec.3) The agreement must be signed by— the eligible claimant; and the resource authority holder. (sec.30-ssec.4) This section does not limit the matters that may be provided for in a conduct and compensation agreement.

• (a) provide for the matters mentioned in section 83 (1) of the Act ; and
• (b) state whether the agreement is for all or part of the holder’s compensation liability to the eligible claimant; and
• (c) if the agreement is for only part of the compensation liability, state— (i) details of each activity, or the effect of the activity, to which the agreement relates; and (ii) the period for which the agreement has effect; and