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MINING ACT 1992 - SECT 379A Certain licences and leases not personal property under Personal Property Securities Act 2009 (Cth)

MINING ACT 1992 - SECT 379A

Certain licences and leases not personal property under Personal Property Securities Act 2009 (Cth)

379A Certain licences and leases not personal property under Personal Property Securities Act 2009 (Cth)

Each of the following is declared not to be personal property for the purposes of the Personal Property Securities Act 2009 of the Commonwealth--

(a) an exploration licence,
(b) an assessment lease,
(c) a mineral claim,
(d) a mining lease,
(e) an opal prospecting licence.
Note : The Personal Property Securities Act 2009 of the Commonwealth does not apply in relation to a right, licence or authority granted by or under a law of a State that is declared by the law not to be personal property for the purposes of that Act.