sec.769Transitional provision for rental

### sec.769 Transitional provision for rental Subject to subsections (2) and (3), the unamended rental provision continues to apply to the mining tenement up to 31 August 2009. The amended rental provision applies to the mining tenement for any rental year starting on or after 1 September 2009. However, for applying subsections (4) and (5)(b) of the unamended rental provision, the period from 1 January 2009 to 31 August 2009 (the nominal year ) is taken to be a whole rental year. The amount of the rental prescribed for the nominal year is taken to be two-thirds of the amount of the rental prescribed for 2009. In this section— amended rental provision means the following as in force on the date of assent of the amending Act— if the mining tenement is a mining claim—section 95; if the mining tenement is a mineral development licence—section 193; if the mining tenement is a mining lease—section 290. amending Act means the Mines and Energy Legislation Amendment Act 2008 . unamended rental provision means the following as in force before the date of assent of the amending Act— if the mining tenement is a mining claim—section 95; if the mining tenement is a mineral development licence—section 193; if the mining tenement is a mining lease—section 290. s 769 ins 2008 No. 56 s 77 (sec.769-ssec.1) Subject to subsections (2) and (3), the unamended rental provision continues to apply to the mining tenement up to 31 August 2009. (sec.769-ssec.2) The amended rental provision applies to the mining tenement for any rental year starting on or after 1 September 2009. (sec.769-ssec.3) However, for applying subsections (4) and (5)(b) of the unamended rental provision, the period from 1 January 2009 to 31 August 2009 (the nominal year ) is taken to be a whole rental year. (sec.769-ssec.4) The amount of the rental prescribed for the nominal year is taken to be two-thirds of the amount of the rental prescribed for 2009. (sec.769-ssec.5) In this section— amended rental provision means the following as in force on the date of assent of the amending Act— if the mining tenement is a mining claim—section 95; if the mining tenement is a mineral development licence—section 193; if the mining tenement is a mining lease—section 290. amending Act means the Mines and Energy Legislation Amendment Act 2008 . unamended rental provision means the following as in force before the date of assent of the amending Act— if the mining tenement is a mining claim—section 95; if the mining tenement is a mineral development licence—section 193; if the mining tenement is a mining lease—section 290. - (a) if the mining tenement is a mining claim—section 95; - (b) if the mining tenement is a mineral development licence—section 193; - (c) if the mining tenement is a mining lease—section 290. - (a) if the mining tenement is a mining claim—section 95; - (b) if the mining tenement is a mineral development licence—section 193; - (c) if the mining tenement is a mining lease—section 290.