12DFraudulent removal and concealment of minerals by partners

12D Fraudulent removal and concealment of minerals by partners

12D Fraudulent removal and concealment of minerals by partners

An owner of any mine or mining land who removes or conceals, or attempts to remove or conceal, a mineral found in that mine or mining land with intent to defraud any other owner of the mine or mining land is guilty of an offence.

Maximum penalty—

(a) in the case of a corporation—10,000 penalty units, or

(b) in the case of a natural person—2,000 penalty units or imprisonment for 5 years, or both.

s 12D: Ins 1996 No 137, Sch 1 [2]. Am 2008 No 19, Sch 1 [7]; 2012 No 84, Sch 2.2 [6].