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MINERAL RESOURCES ACT 1989 - SECT 283A
Agreement to amend compensation
283A Agreement to amend compensation
(1) This section applies if— (a) compensation (the
"original compensation" ) has been agreed under section 279 or 280 for a
mining lease; or
(b) compensation (also the
"original compensation" ) has been determined under section 281 or 282 for a
mining lease and there has, since the determination, been a material change in
circumstances for the lease. Example of a material change in circumstances—
a different mining method that changes the impact of mining operations under
the lease
(2) The mining lease holder and each owner in relation to the
lease mentioned in section 279 (1) (a) or 280 (1) may, by signed writing,
agree to amend the original compensation (the
"amendment agreement" ).
(3) However, the amendment agreement does not take
effect until it is filed with the registrar.
(4) After the
amendment agreement takes effect, the original compensation, as amended by the
agreement, is for this Act, other than this section, taken to be the
original compensation.
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