In any other case, 200 penalty units. Default Penalty: In the case of a corporation, 20 penalty units. In any other case, 10 penalty units. Division 4—Requirements if agricultural land Pt 2 Div. 4 (Heading) covered by mining licence or prospecting licence inserted by No. 63/2006 s. 13, amended by No. 64/2012 s. 24. S. 26A 26A Statement of economic significance if agricultural inserted by land covered by licence No. 82/2000 s. 22. (1) This section applies if a licensee holding a mining S. 26A(1) amended by licence or prospecting licence that covers No. 64/2012 s. 25, No. agricultural land that is not owned by the licensee 68/2014 proposes to carry out mining on that land. s. 31(a). (2) The licensee must prepare a statement of the S. 26A(2) amended by economic significance of the mining— No. 68/2014 s. 31(b). (a) that contains an assessment of the benefits to of the proposed mining, including employment and revenue considerations; and (b) that contains an assessment of those benefits if it was not possible to carry out the mining on the agricultural land. (3) The assessment required by subsection (2)(b) must be made with respect to each separately owned or occupied property that comprises the agricultural land.
In any other case, 200 penalty units. Default Penalty: In the case of a corporation, 20 penalty units. In any other case, 10 penalty units. Pt 2 Div. 4 (Heading) inserted by No. 63/2006 s. 13, amended by No. 64/2012 s. 24. Division 4—Requirements if agricultural land covered by mining licence or prospecting licence S. 26A inserted by No. 82/2000 s. 22. 26A Statement of economic significance if agricultural land covered by licence S. 26A(1) amended by No. 64/2012 s. 25, No. 68/2014 s. 31(a). (1) This section applies if a licensee holding a mining licence or prospecting licence that covers agricultural land that is not owned by the licensee proposes to carry out mining on that land. S. 26A(2) amended by No. 68/2014 s. 31(b). (2) The licensee must prepare a statement of the economic significance of the mining— (a) that contains an assessment of the benefits to of the proposed mining, including employment and revenue considerations; and (b) that contains an assessment of those benefits if it was not possible to carry out the mining on the agricultural land. (3) The assessment required by subsection (2)(b) must be made with respect to each separately owned or occupied property that comprises the agricultural land.
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