sec.228Effect of termination of mineral development licence

### sec.228 Effect of termination of mineral development licence This section applies on the termination of a mineral development licence. However, this section does not apply to a mineral development licence if the termination is for granting a new mineral development licence or a mining lease over the area of the terminated licence to the holder of the terminated licence. On the termination of a mineral development licence, the ownership of machinery, equipment and removable improvements ( plant ) on the area of the terminated licence divests from the owner and vests in the State. However, subsection (3) applies to plant only if the plant was brought on to the land under the terminated mineral development licence. s 228 sub 1995 No. 21 s 64 amd 2012 No. 20 s 125 sch 1 (sec.228-ssec.1) This section applies on the termination of a mineral development licence. (sec.228-ssec.2) However, this section does not apply to a mineral development licence if the termination is for granting a new mineral development licence or a mining lease over the area of the terminated licence to the holder of the terminated licence. (sec.228-ssec.3) On the termination of a mineral development licence, the ownership of machinery, equipment and removable improvements ( plant ) on the area of the terminated licence divests from the owner and vests in the State. (sec.228-ssec.4) However, subsection (3) applies to plant only if the plant was brought on to the land under the terminated mineral development licence.