South Australian Current Regulations South Australian Current Regulations26—Application for retention status
For the purposes of section 33B(2)(c) of the Act, the following
information is prescribed:
(a) in
the case of a tenement holder who applies for the grant of retention status in
relation to the exploration licence under section 33B(3)(a) of the
Act—
(i)
a statement of the approval or approvals under another
Act or Acts that the tenement holder has been unable to obtain, and details of
any attempts to obtain such approvals; and
(ii)
a statement summarising the exploration operations
undertaken under the exploration licence; and
(iii)
an estimate of the expenditure that has been incurred in
respect of exploration operations undertaken on the area of land to which the
application relates; and
(iv)
an estimate of the time that the applicant considers will
be required to obtain the approvals under another Act or Acts that are
required before the tenement holder can commence or continue
exploration operations in relation to the land to which the application
relates;
(b) in
the case of a tenement holder who applies for the grant of retention status in
relation to the exploration licence under section 33B(3)(b) of the
Act—
(i)
details of the mineral resource located in, on or under
the land to which the application relates; and
(ii)
a statement declaring that the mineral resource has been
appropriately identified and estimated; and
(iii)
a statement outlining the reasons the applicant considers
it unreasonable to expect an application to be made for a mining lease or a
retention lease because it is not commercially viable to spend time and money
on developing the resource; and
(iv)
a statement outlining the reasons the applicant considers
that mining the relevant land will become commercially viable within the next
6 years;
(c) in
the case of a tenement holder who applies for the grant of retention status in
relation to the exploration licence under section 33B(3)(c) of the
Act—
(i)
a statement summarising the exploration operations
undertaken under the exploration licence; and
(ii)
an estimate of the expenditure that has been incurred in
respect of exploration operations undertaken on the area of land to which the
application relates; and
(iii)
a statement of the circumstances that the applicant
considers justify the application, including details of any steps taken by the
applicant to resolve those circumstances by other means;
(d) such
other information as may be determined by the Minister for the purposes of
this regulation.