TASIn ForceAct
Mineral Resources Development Act 1995
145Compensation agreement for compensable loss
Start here
Get a plain-English read of 145
Turn the raw legal text into a practical explanation grounded in Mineral Resources Development Act 1995.
### 145 Compensation agreement for compensable loss
> > (1) [*\[Section 145 Subsection (1) amended by No. 44 of 2017, s. 41, Applied:21 Nov 2017\]*](/view/html/inforce/2017-11-21/act-2017-044#GS41@Hpb@EN) [*\[Section 145 Subsection (1) amended by No. 44 of 2017, s. 41, Applied:21 Nov 2017\]*](/view/html/inforce/2017-11-21/act-2017-044#GS41@Hpa@EN) The holder of a mineral tenement or an applicant for a mineral tenement may enter into an agreement with the owner or occupier of land or a holder of a forestry right as to the amount of compensation payable under [section 144](#GS144@EN) .
>
> > (2) A compensation agreement is to include the following matters:
> >
> > > > (a) a description of the proposed work or mining and the location and area of the work or mining;
> > >
> > > > (b) the anticipated date of commencement and anticipated duration of the proposed work or mining;
> > >
> > > > (c) the agreed point or points of entry onto and exit from the land for the purposes of the work or mining;
> > >
> > > > (d) the number and type of vehicles, plant and equipment involved;
> > >
> > > > (e) a description of the facilities and sanitary arrangements to be provided on the land.
>
> > (3) [*\[Section 145 Subsection (3) inserted by No. 44 of 2017, s. 41, Applied:21 Nov 2017\]*](/view/html/inforce/2017-11-21/act-2017-044#GS41@Hpc@EN) A compensation agreement under [subsection (1)](#GS145@Gs1@EN) entered into by the holder of a mineral tenement or an applicant for a mineral tenement, and an owner or occupier of land, and in force under that subsection, is binding on a subsequent owner or occupier of the land.