sec.42Rights to minerals recovered

sec.42 Rights to minerals recovered

Any minerals recovered by a tenure holder or special purpose consent holder from a sub-block covered by the tenure or consent become the property of the holder when they are recovered. If the tenure or consent authorises the exploration for and the recovery of minerals only of a particular kind, subsection (1) only applies to the recovery of minerals of that kind. Subsection (1) does not apply to the recovery of minerals by a works licence holder. The minerals recovered are not subject to the rights of any other person. Subsection (4) does not apply to rights that the tenure or consent holder transfers to the other person. (sec.42-ssec.1) Any minerals recovered by a tenure holder or special purpose consent holder from a sub-block covered by the tenure or consent become the property of the holder when they are recovered. (sec.42-ssec.2) If the tenure or consent authorises the exploration for and the recovery of minerals only of a particular kind, subsection (1) only applies to the recovery of minerals of that kind. (sec.42-ssec.3) Subsection (1) does not apply to the recovery of minerals by a works licence holder. (sec.42-ssec.4) The minerals recovered are not subject to the rights of any other person. (sec.42-ssec.5) Subsection (4) does not apply to rights that the tenure or consent holder transfers to the other person.