AustLII Tasmanian Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 145

Compensation agreement for compensable loss

(1)  The holder of a mineral tenement or an applicant for a mineral tenement may enter into an agreement with the owner or occupier of land or a holder of a forestry right as to the amount of compensation payable under section 144 .
(2)  A compensation agreement is to include the following matters:
(a) a description of the proposed work or mining and the location and area of the work or mining;
(b) the anticipated date of commencement and anticipated duration of the proposed work or mining;
(c) the agreed point or points of entry onto and exit from the land for the purposes of the work or mining;
(d) the number and type of vehicles, plant and equipment involved;
(e) a description of the facilities and sanitary arrangements to be provided on the land.
(3)  A compensation agreement under subsection (1) entered into by the holder of a mineral tenement or an applicant for a mineral tenement, and an owner or occupier of land, and in force under that subsection, is binding on a subsequent owner or occupier of the land.



[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]