sec.11Renewal of particular NSI mining leases

sec.11 Renewal of particular NSI mining leases

On the commencement, each mining lease mentioned in schedule 1 , column 1 is taken to have been renewed under the Mineral Resources Act . The mining lease is renewed— for the term stated opposite the mining lease in schedule 1 , column 2; and subject to— each condition stated opposite the mining lease in schedule 1 , column 3; and any condition to which the mining lease was subject immediately before the renewal. The renewals have effect as if they were granted by the Governor in Council under the Mineral Resources Act . If there is an inconsistency between a condition mentioned in subsection (2) (b) (i) and a condition mentioned in subsection (2) (b) (ii) , the condition mentioned in subsection (2) (b) (i) prevails to the extent of the inconsistency. A mining lease mentioned in schedule 1 , column 1 can not at any time be renewed after the end of the term stated opposite the mining lease in schedule 1 , column 2. The holder of a mining lease mentioned in schedule 1 , column 1 may not at any time apply for a renewal of the mining lease under the Mineral Resources Act after the commencement. This section does not limit the application of any provisions of the Mineral Resources Act to the renewed mining lease including, for example, provisions about cancelling a mining lease or reducing its area. The renewal of each lease does not create any rights in addition to the rights created in the initial granting of the relevant lease. s 11 amd 2013 No. 63 s 8 ; 2016 No. 32 s 8 (sec.11-ssec.1) On the commencement, each mining lease mentioned in schedule 1 , column 1 is taken to have been renewed under the Mineral Resources Act . (sec.11-ssec.2) The mining lease is renewed— for the term stated opposite the mining lease in schedule 1 , column 2; and subject to— each condition stated opposite the mining lease in schedule 1 , column 3; and any condition to which the mining lease was subject immediately before the renewal. (sec.11-ssec.3) The renewals have effect as if they were granted by the Governor in Council under the Mineral Resources Act . (sec.11-ssec.4) If there is an inconsistency between a condition mentioned in subsection (2) (b) (i) and a condition mentioned in subsection (2) (b) (ii) , the condition mentioned in subsection (2) (b) (i) prevails to the extent of the inconsistency. (sec.11-ssec.5) A mining lease mentioned in schedule 1 , column 1 can not at any time be renewed after the end of the term stated opposite the mining lease in schedule 1 , column 2. (sec.11-ssec.6) The holder of a mining lease mentioned in schedule 1 , column 1 may not at any time apply for a renewal of the mining lease under the Mineral Resources Act after the commencement. (sec.11-ssec.7) This section does not limit the application of any provisions of the Mineral Resources Act to the renewed mining lease including, for example, provisions about cancelling a mining lease or reducing its area. (sec.11-ssec.8) The renewal of each lease does not create any rights in addition to the rights created in the initial granting of the relevant lease.