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MINING ACT 1992 - SECT 280 Compensation already due not affected by consolidation

MINING ACT 1992 - SECT 280

Compensation already due not affected by consolidation

280 Compensation already due not affected by consolidation

(1) Except as provided by this Division, any compensation assessed, agreed on or paid under this Part in respect of an existing lease that is consolidated under Part 6 is not affected by the consolidation of the existing lease and is to be dealt with as if the existing lease had not been consolidated.
(2) If any compensation is paid into court under this Part in respect of an existing lease that is consolidated under Part 6, the date on which the existing lease ceases to have effect is taken, for the purposes of this Part, to be the date on which the consolidated mining lease ceases to have effect.