sec.31AMeaning of changed holder event

sec.31A Meaning of changed holder event

A changed holder event , in relation to an authority, means any of the following— an entity applies to the Minister under the Mineral and Energy Resources (Common Provisions) Act 2014 , section 19 for approval of a prescribed dealing to enable its registration under section 17 of that Act that is an assessable transfer, of a resource authority relating to the authority, to another entity (the changed holder ); an entity gives notice to the chief executive under the Mineral and Energy Resources (Common Provisions) Act 2014 , section 19B of a notifiable dealing to enable its registration under section 17A of that Act that is a non-assessable transfer of a resource authority, or of a share in a resource authority, relating to the authority, if part of 1 holder’s share in the resource authority will be transferred to another holder of the resource authority (also the changed holder ); an entity starts or stops controlling a holder of the authority (also the changed holder ) under the Corporations Act , section 50AA ; a holder of the authority (also the changed holder ) starts or stops being a subsidiary of a corporation under the Corporations Act , section 46 . For subsection (1) (a) and (b) , a resource authority relates to an authority if the resource authority authorises the carrying out of a resource activity for the authority. s 31A ins 2020 No. 14 s 97 (sec.31A-ssec.1) A changed holder event , in relation to an authority, means any of the following— an entity applies to the Minister under the Mineral and Energy Resources (Common Provisions) Act 2014 , section 19 for approval of a prescribed dealing to enable its registration under section 17 of that Act that is an assessable transfer, of a resource authority relating to the authority, to another entity (the changed holder ); an entity gives notice to the chief executive under the Mineral and Energy Resources (Common Provisions) Act 2014 , section 19B of a notifiable dealing to enable its registration under section 17A of that Act that is a non-assessable transfer of a resource authority, or of a share in a resource authority, relating to the authority, if part of 1 holder’s share in the resource authority will be transferred to another holder of the resource authority (also the changed holder ); an entity starts or stops controlling a holder of the authority (also the changed holder ) under the Corporations Act , section 50AA ; a holder of the authority (also the changed holder ) starts or stops being a subsidiary of a corporation under the Corporations Act , section 46 . (sec.31A-ssec.2) For subsection (1) (a) and (b) , a resource authority relates to an authority if the resource authority authorises the carrying out of a resource activity for the authority.

• (a) an entity applies to the Minister under the Mineral and Energy Resources (Common Provisions) Act 2014 , section 19 for approval of a prescribed dealing to enable its registration under section 17 of that Act that is an assessable transfer, of a resource authority relating to the authority, to another entity (the changed holder );