52Invitations for tenders

52 Invitations for tenders

52 Invitations for tenders

(1) This section applies only to allocated minerals in land within a mineral allocation area and to controlled release minerals in land within a controlled release area.

(2) The Minister may, by notice published in the way specified by the regulations, invite tenders for a mining lease, other than a mining (mineral owner) lease, for—

(a) an allocated mineral within a mineral allocation area, or

(b) a controlled release mineral within a controlled release area.

(3) An invitation—

(a) must describe the land to which it relates, and

(b) must identify the allocated mineral or controlled release mineral to which it relates, and

(c) must specify the way in which, and the date on or before which, tenders for the mining lease should be lodged.

(4) Tenders may not be invited under this section otherwise than in accordance with Part 2 of Schedule 1.

s 52: Am 2008 No 19, Sch 1 [44]; 2015 No 39, Sch 1 [11]–[13]; 2022 No 21, Sch 1[12] [27].