South Australian Consolidated Acts

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MINING ACT 1971 - SECT 62

62—Bond and security

        (1)         The Minister may, by notice in writing served on an applicant for, or the holder of, a mining tenement, require him to enter into a bond in such sum and subject to such terms and conditions as ensure, in the opinion of the Minister, that—

            (a)         any civil or statutory liability likely to be incurred by that person in the course of carrying out mining operations; and

            (b)         the present and future obligations of that person in relation to the rehabilitation of land disturbed by mining operations,

will be satisfied.

        (2)         The Minister may require such security for the satisfaction of the bond as the Minister thinks fit.

        (3)         If the holder of a mining tenement fails to comply with a requirement under this section—

            (a)         the Minister may, if the requirement has not been complied with at the expiration of one month from the end of the time allowed for compliance, prohibit mining operations in the area of the tenement; and

            (b)         the Minister may, if the requirement has not been complied with at the expiration of three months from the end of the time allowed for compliance, cancel the tenement.

        (4)         If a person conducts mining operations in contravention of a prohibition under subsection (3), he shall be guilty of an offence.

Maximum penalty: $120 000.

        (5)         Where the Minister holds, or is entitled to, any money under a bond entered into by a mining operator, the Minister may, in his discretion, expend any portion of that money in compensating any person who has suffered, or is likely to suffer, financial loss as a result of mining operations carried out by that mining operator or in rehabilitating any land disturbed by any such operations.

        (6)         No action shall lie against the Minister in respect of the expenditure of money under this section.



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