sec.226AReduction of area of mineral development licence on grant of mining lease

### sec.226A Reduction of area of mineral development licence on grant of mining lease This section applies if a mining lease is granted because of an application made by— the holder of a mineral development licence granted for the same area for the same mineral, whether or not at the Minister’s direction; or an eligible person with the holder’s consent. The area of the licence must be reduced by omitting the area of the mining lease. The terms of the licence may be varied as the Minister directs. s 226A ins 1997 No. 14 s 12 amd 2012 No. 20 s 125 sch 1 (sec.226A-ssec.1) This section applies if a mining lease is granted because of an application made by— the holder of a mineral development licence granted for the same area for the same mineral, whether or not at the Minister’s direction; or an eligible person with the holder’s consent. (sec.226A-ssec.2) The area of the licence must be reduced by omitting the area of the mining lease. (sec.226A-ssec.3) The terms of the licence may be varied as the Minister directs. - (a) the holder of a mineral development licence granted for the same area for the same mineral, whether or not at the Minister’s direction; or - (b) an eligible person with the holder’s consent.