387AApplication of Act to former minerals

#### 387A Application of Act to former minerals 387A Application of Act to former minerals > > (1) This section applies to a substance that, having been prescribed by the regulations as a mineral for the purposes of the definition of mineral in the Dictionary at the end of this Act, ceases to be so prescribed. > > > (2) This Act continues to apply to a substance to which this section applies as if it were a mineral and any mining lease or mineral claim in respect of the substance continues in force, subject to this Act. > > > (2A) The holder of any such lease or claim remains bound by the conditions of the lease or claim (including conditions requiring payment of royalty) in accordance with this Act. > > > (3) This section does not operate so as to allow the renewal or consolidation of a mining lease or mineral claim that relates only to a substance to which this section applies. > > **s 387A:** Ins 1996 No 137, Sch 1 \[128\]. Am 2008 No 19, Sch 1 \[266\].