TASIn ForceAct
Mineral Resources Development Act 1995
197Refund of security deposit
Start here
Get a plain-English read of 197
Turn the raw legal text into a practical explanation grounded in Mineral Resources Development Act 1995.
### 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](#GS196@EN) .
>
> > (1A) [*\[Section 197 Subsection (1A) inserted by No. 44 of 2017, s. 46, Applied:21 Nov 2017\]*](/view/html/inforce/2017-11-21/act-2017-044#GS46@EN) 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) [*\[Section 197 Subsection (2) amended by No. 17 of 1996, Applied:10 Apr 2002\]*](/view/html/inforce/2002-04-10/act-1996-017#AT@EN) if a claim for compensation is not made within the period specified in [section 146](#GS146@EN) , 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](#GS150@EN) .