sec.372Obligation to give notice of closure—general

### sec.372 Obligation to give notice of closure—general A resource tenure holder who has started exercising its underground water rights must, on either of the following days, give the chief executive a notice of closure— the day that is 1 year before the term of the resource tenure ends; the day the holder makes an application under a relevant Act for the surrender of the resource tenure. Maximum penalty—500 penalty units. Subsection (1) does not apply to a resource tenure holder who is exempt from preparing an underground water impact report under a regulation made under section 370A . The notice of closure must state— the details of the holder and resource tenure; and whether the tenure is ending or being surrendered; and if the tenure is ending—the day the tenure will end. If the resource tenure is a CMA tenure, including a closing CMA tenure, the holder must give the office a copy of the notice of closure. For subsection (1) (a) , a resource tenure that is a petroleum tenure is not taken to end only because the tenure is divided under the Petroleum and Gas Act , chapter 2 . In this section— relevant Act , for an application for the surrender of a resource tenure, means whichever of the following Acts is relevant to the surrender of the tenure— the Mineral Resources Act ; the Petroleum Act 1923 ; the Petroleum and Gas Act . s 372 prev s 372 om 2008 No. 34 s 714 pres s 372 ins 2010 No. 53 s 195 amd 2012 No. 39 s 56 sub 2014 No. 64 s 83 (sec.372-ssec.1) A resource tenure holder who has started exercising its underground water rights must, on either of the following days, give the chief executive a notice of closure— the day that is 1 year before the term of the resource tenure ends; the day the holder makes an application under a relevant Act for the surrender of the resource tenure. Maximum penalty—500 penalty units. (sec.372-ssec.2) Subsection (1) does not apply to a resource tenure holder who is exempt from preparing an underground water impact report under a regulation made under section 370A . (sec.372-ssec.3) The notice of closure must state— the details of the holder and resource tenure; and whether the tenure is ending or being surrendered; and if the tenure is ending—the day the tenure will end. (sec.372-ssec.4) If the resource tenure is a CMA tenure, including a closing CMA tenure, the holder must give the office a copy of the notice of closure. (sec.372-ssec.5) For subsection (1) (a) , a resource tenure that is a petroleum tenure is not taken to end only because the tenure is divided under the Petroleum and Gas Act , chapter 2 . (sec.372-ssec.6) In this section— relevant Act , for an application for the surrender of a resource tenure, means whichever of the following Acts is relevant to the surrender of the tenure— the Mineral Resources Act ; the Petroleum Act 1923 ; the Petroleum and Gas Act . - (a) the day that is 1 year before the term of the resource tenure ends; - (b) the day the holder makes an application under a relevant Act for the surrender of the resource tenure. - (a) the details of the holder and resource tenure; and - (b) whether the tenure is ending or being surrendered; and - (c) if the tenure is ending—the day the tenure will end. - (a) the Mineral Resources Act ; - (b) the Petroleum Act 1923 ; - (c) the Petroleum and Gas Act .