Mineral Resources Development Act 1995
197Refund of security deposit
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197 Refund of security deposit
(1) The Minister may refund the balance of any security deposit remaining after any amount has been used under section 196 .
(1A) [Section 197 Subsection (1A) inserted by No. 44 of 2017, s. 46, Applied:21 Nov 2017] The Minister may refund all or part of any security deposit if the Minister considers it appropriate.
(2) The Minister must not refund the balance until whichever of the following occurs last:
(a) [Section 197 Subsection (2) amended by No. 17 of 1996, Applied:10 Apr 2002] if a claim for compensation is not made within the period specified in section 146 , at the end of the period;
(b) if a claim for compensation is made within that period, after the Mining Tribunal determines the amount of compensation under section 150 .