AustLII Tasmanian Consolidated Acts

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MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 186

Caveats under agreement

(1)  If the holder of a mineral tenement or an applicant for a lease enters into an agreement with any person for the sale of any interest in the mineral tenement or application, either party may lodge a caveat.
(2)  A caveat under subsection (1) is to be –
(a) in accordance with section 183 (2) ; and
(b) accompanied by a copy of the agreement.
(3)  A caveat lodged under this section remains in force –
(a) for the period specified in the agreement, unless sooner withdrawn by the consent of the parties; or
(b) until removed by order of the Mining Tribunal.


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