TASIn ForceAct
Mineral Resources Development Act 1995
149Compensation for revocation due to public purpose
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### 149 Compensation for revocation due to public purpose
> > (1) [*\[Section 149 Subsection (1) amended by No. 24 of 2013, s. 116, Applied:28 Jun 2013\]*](/view/html/inforce/2013-06-28/act-2013-024#GS116@EN) Compensation is payable by the Crown to the holder of a lease which is revoked under [section 99](#GS99@EN) [(1)](#GS99@Gs1@EN) [(b)](#GS99@Gs1@Hpb@EN) or a production licence that is revoked under [section 67Y(1)(b)](#GS67Y@Gs1@Hpb@EN) .
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> > (2) The holder of the lease may enter into an agreement with the Crown as to the amount of compensation payable.