sec.15Expenditure statement for activity report

sec.15 Expenditure statement for activity report

An expenditure statement mentioned in section 14 (3) (d) contained in an activity report for an exploration permit or a mineral development licence must itemise the expenditure incurred for each authorised activity carried out under the permit or licence during the reporting period for the report. The expenditure statement must contain a separate itemisation of expenditure for— each activity carried out under the work program for the permit or licence during the reporting period for the report; and each activity, other than an activity mentioned in paragraph (a) , carried out during the reporting period for the report. In this section— reporting period , for an activity report for an exploration permit or a mineral development licence, see section 14 (5) . (sec.15-ssec.1) An expenditure statement mentioned in section 14 (3) (d) contained in an activity report for an exploration permit or a mineral development licence must itemise the expenditure incurred for each authorised activity carried out under the permit or licence during the reporting period for the report. (sec.15-ssec.2) The expenditure statement must contain a separate itemisation of expenditure for— each activity carried out under the work program for the permit or licence during the reporting period for the report; and each activity, other than an activity mentioned in paragraph (a) , carried out during the reporting period for the report. (sec.15-ssec.3) In this section— reporting period , for an activity report for an exploration permit or a mineral development licence, see section 14 (5) .

• (a) each activity carried out under the work program for the permit or licence during the reporting period for the report; and
• (b) each activity, other than an activity mentioned in paragraph (a) , carried out during the reporting period for the report.