Tasmanian Consolidated Acts
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MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 149
Division 3 - Public purpose
Compensation for revocation due to public purpose
(1) Compensation is payable by the Crown to the holder of a lease which
is revoked under section 99 (1) (b) or a production licence that is revoked
under section 67Y(1)(b) .
(2) The holder of the lease may enter into an agreement with the Crown
as to the amount of compensation payable.
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