sec.254Conditions of mining lease

sec.254 Conditions of mining lease

The Minister may grant or renew a mining lease subject to whatever conditions the Minister considers appropriate. If the Minister grants or renews a mining lease subject to conditions, the conditions must be specified in the tenure. Without limiting subsection (1) , the Minister may attach conditions to the grant or renewal of a mining lease requiring the tenure holder to do the following types of things— take out insurance as required by the Minister; carry out certain work in or in relation to the tenure area during the term of the tenure; lodge a security with the Minister; keep specified information; give to the Minister, on request, specified information; take steps to protect the environment of the tenure area, including conditions about— protecting wildlife; or minimising the effect on the environment of the tenure area and the area surrounding the tenure area of activities carried out in the tenure area; repair any damage to the environment caused by activities in the tenure area; pay a specified penalty to the State if the holder does not comply with a tenure condition. A condition under subsection (3) (c) must specify— the amount of the security required; and the kind of security required; and the way and the form in which the security is to be lodged. Without limiting subsection (3) (c) , a condition under that provision may require the lodgment of a security in the form of a guarantee and, if a guarantee is required, the condition may specify— the kind of person who is to give the guarantee; and the terms of the guarantee. (sec.254-ssec.1) The Minister may grant or renew a mining lease subject to whatever conditions the Minister considers appropriate. (sec.254-ssec.2) If the Minister grants or renews a mining lease subject to conditions, the conditions must be specified in the tenure. (sec.254-ssec.3) Without limiting subsection (1) , the Minister may attach conditions to the grant or renewal of a mining lease requiring the tenure holder to do the following types of things— take out insurance as required by the Minister; carry out certain work in or in relation to the tenure area during the term of the tenure; lodge a security with the Minister; keep specified information; give to the Minister, on request, specified information; take steps to protect the environment of the tenure area, including conditions about— protecting wildlife; or minimising the effect on the environment of the tenure area and the area surrounding the tenure area of activities carried out in the tenure area; repair any damage to the environment caused by activities in the tenure area; pay a specified penalty to the State if the holder does not comply with a tenure condition. (sec.254-ssec.4) A condition under subsection (3) (c) must specify— the amount of the security required; and the kind of security required; and the way and the form in which the security is to be lodged. (sec.254-ssec.5) Without limiting subsection (3) (c) , a condition under that provision may require the lodgment of a security in the form of a guarantee and, if a guarantee is required, the condition may specify— the kind of person who is to give the guarantee; and the terms of the guarantee.