South Australian Current Acts

MINING ACT 1971 - SECT 15AB

15AB—Dealings with mineral tenements

        (1)         This section does not apply to or in relation to an interest if the interest is not a legal or proprietary interest in a mineral tenement.

        (2)         A mineral tenement, or an interest in a mineral tenement, must not be transferred, assigned, sublet or be held subject to a trust, whether directly or indirectly, without the consent of the Minister.

        (3)         A dealing to which subsection (2) applies has no effect unless or until it is—

            (a)         consented to by the Minister; and

            (b)         registered on the register under this Part.

        (4)         An application for the consent of the Minister under this section—

            (a)         must be made in a manner and form determined by the Minister after consultation with the Mining Registrar; and

            (b)         must be accompanied by the prescribed fee.

        (5)         The Minister may, in connection with an application for consent, require the parties to furnish the Minister with any information specified by the Minister.

        (6)         An application for the registration of an instrument giving effect to or recording a dealing under this section must be made in a manner and form determined by the Mining Registrar.