Queensland Consolidated Acts Queensland Consolidated Acts(1) Subject to subsection (2), a person who claims a right or interest in or in respect of a mineral development licence may by a caveat in the approved form forbid the approval of any assignment or mortgage in respect of the mineral development licence (save any assignment or mortgage the approval of which is excepted in the caveat) either absolutely or until after notice of intention to approve such an assignment or mortgage is served on the caveator.
(2) A caveat duly lodged pursuant to this section does not apply in respect of an assignment or mortgage the application for approval of which was lodged with the chief executive before the lodgement of the caveat.
(3) A caveat referred to in subsection (1) shall—
(a) be in the approved form; and
(b) specify the name and address for service of 1 person upon whom any notice may be served on behalf of the caveator or caveators; and
(c) identify the mineral development licence concerned; and
(d) specify the nature of the right or interest claimed by the caveator; and
(e) specify the period during which it is to continue in force; and
(f) be signed by the caveator, the caveator's solicitor or other person authorised in writing by the caveator; and
(g) if any person consents to the lodging of the caveat, be endorsed with that person's consent; and
(h) be lodged with the chief executive; and
(i) be accompanied by the prescribed lodgement fee.