Offshore Minerals Act 1998
sec.266Obligations of former mining lease holders and former associates
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sec.266 Obligations of former mining lease holders and former associates
Subject to subsection (4) , if— a person was— a mining lease holder; or an associate of a mining lease holder; and the tenure— expires; or is cancelled; or is surrendered; and an obligation associated with the tenure arising out of— a tenure condition; or a direction given under section 387 ; or this Act or the regulations; has not been discharged; and the person was bound by that obligation when the person was the tenure holder or an associate; the person remains bound by the obligation until the obligation is discharged. Subsection (1) does not continue an obligation to carry out exploration or recovery activities. Subsection (1) continues an obligation that a person had to carry out exploration or recovery activities in a particular way if the person carries them out. The Minister may decide that the person is not subject to— a particular obligation under this section; or all the person’s remaining obligations under this section. A decision under subsection (4) must be in writing. (sec.266-ssec.1) Subject to subsection (4) , if— a person was— a mining lease holder; or an associate of a mining lease holder; and the tenure— expires; or is cancelled; or is surrendered; and an obligation associated with the tenure arising out of— a tenure condition; or a direction given under section 387 ; or this Act or the regulations; has not been discharged; and the person was bound by that obligation when the person was the tenure holder or an associate; the person remains bound by the obligation until the obligation is discharged. (sec.266-ssec.2) Subsection (1) does not continue an obligation to carry out exploration or recovery activities. (sec.266-ssec.3) Subsection (1) continues an obligation that a person had to carry out exploration or recovery activities in a particular way if the person carries them out. (sec.266-ssec.4) The Minister may decide that the person is not subject to— a particular obligation under this section; or all the person’s remaining obligations under this section. (sec.266-ssec.5) A decision under subsection (4) must be in writing.
- (a) a person was— (i) a mining lease holder; or (ii) an associate of a mining lease holder; and
- (i) a mining lease holder; or
- (ii) an associate of a mining lease holder; and
- (b) the tenure— (i) expires; or (ii) is cancelled; or (iii) is surrendered; and
- (i) expires; or
- (ii) is cancelled; or
- (iii) is surrendered; and
- (c) an obligation associated with the tenure arising out of— (i) a tenure condition; or (ii) a direction given under section 387 ; or (iii) this Act or the regulations;
- (i) a tenure condition; or
- (ii) a direction given under section 387 ; or