South Australian Consolidated Acts (1) The Minister may
enter into an agreement with the holder of a mining tenement—
(a)
that, if the tenement should at some future time be found to be wholly or
partially invalid due to circumstances beyond the control of the holder of the
tenement, the holder of the tenement will have a preferential right to the
grant of a new tenement; and
(b)
dealing with the terms and conditions on which the new tenement will be
provided.
(2) The Minister must
consider any proposal by the holder of a mining tenement for an agreement
under this section.