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COMMUNITY AMBULANCE COVER LEVY REPEAL AND REVENUE AND OTHER LEGISLATION AMENDMENT ACT 2011 No. 20 - SECT 170 170 Amendment of s 300 (Assignment, mortgage or sublease of mining lease)

COMMUNITY AMBULANCE COVER LEVY REPEAL AND REVENUE AND OTHER LEGISLATION AMENDMENT ACT 2011 No. 20 - SECT 170

170 Amendment of s 300 (Assignment, mortgage or sublease of mining lease)

Section 300(11)—

omit, insert—

'(11) The Minister must not approve the assignment of a mining lease unless it is accompanied by—

(a) the written approval of any existing mortgagee; and
(b) a properly completed royalty return, if it has not already been lodged under section 320(4); and
(c) either—
(i) the royalty payable to the State under section 320(3)(a), if it has not already been paid; or
(ii) evidence that the royalty has been paid to another person entitled to the royalty under section 320(3)(b).'.