sec.880Mining lease granted or renewed after transitional period on existing application

### sec.880 Mining lease granted or renewed after transitional period on existing application This section applies if, after the end of the transitional period, a mining lease is granted or renewed on an application to which section 878 applies. The mining lease is taken to— be a prescribed mineral mining lease under section 317C(1)(b); and have started to be a prescribed mineral mining lease under section 317C(2), when it is granted or renewed. In this section— transitional period means the period of 3 years that starts on the commencement. s 880 ins 2020 No. 14 s 151 (sec.880-ssec.1) This section applies if, after the end of the transitional period, a mining lease is granted or renewed on an application to which section 878 applies. (sec.880-ssec.2) The mining lease is taken to— be a prescribed mineral mining lease under section 317C(1)(b); and have started to be a prescribed mineral mining lease under section 317C(2), when it is granted or renewed. (sec.880-ssec.3) In this section— transitional period means the period of 3 years that starts on the commencement. - (a) be a prescribed mineral mining lease under section 317C(1)(b); and - (b) have started to be a prescribed mineral mining lease under section 317C(2), when it is granted or renewed.