sec.60NCessation of deferral on making of relevant application

sec.60N Cessation of deferral on making of relevant application

This section applies if— the payment of rent for a resource authority is deferred under division 2 ; and a relevant application for the authority is made. The deferral of the payment of the rent stops applying in relation to the resource authority from the day the relevant application for the authority is made. In this section— relevant application , for a resource authority, means each of the following applications— an application to renew the authority; an application for approval of a prescribed dealing, with the authority, that is an assessable transfer other than a transfer of a share in the authority; an application, under a Resource Act, for another type of resource authority that, if granted— would be over all or part of the authorised area for the authority (the original authority ); and would result in— the ending of the original authority; or the removal of part of the authorised area from the original authority; an application, for a mining tenement, mentioned in the Mineral Resources Act , section 177 or 226A an ATP-related application under the P&G Act , section 117 a grant application under the P&G Act , section 908 an application for a geothermal lease under the Geothermal Act , section 77 a permit-related application under the Greenhouse Gas Act , section 113 if the authority is a petroleum tenure under the P&G Act —an application relating to the tenure under section 103 , 107AA , 170A or 171 of that Act. s 60N ins 2025 SL No. 48 s 9 (sec.60N-ssec.1) This section applies if— the payment of rent for a resource authority is deferred under division 2 ; and a relevant application for the authority is made. (sec.60N-ssec.2) The deferral of the payment of the rent stops applying in relation to the resource authority from the day the relevant application for the authority is made. (sec.60N-ssec.3) In this section— relevant application , for a resource authority, means each of the following applications— an application to renew the authority; an application for approval of a prescribed dealing, with the authority, that is an assessable transfer other than a transfer of a share in the authority; an application, under a Resource Act, for another type of resource authority that, if granted— would be over all or part of the authorised area for the authority (the original authority ); and would result in— the ending of the original authority; or the removal of part of the authorised area from the original authority; an application, for a mining tenement, mentioned in the Mineral Resources Act , section 177 or 226A an ATP-related application under the P&G Act , section 117 a grant application under the P&G Act , section 908 an application for a geothermal lease under the Geothermal Act , section 77 a permit-related application under the Greenhouse Gas Act , section 113 if the authority is a petroleum tenure under the P&G Act —an application relating to the tenure under section 103 , 107AA , 170A or 171 of that Act.