MINERAL AND ENERGY RESOURCES (COMMON PROVISIONS) ACT 2014 No. 47 - SECT 18 18 Prohibited dealings have no effect

MINERAL AND ENERGY RESOURCES (COMMON PROVISIONS) ACT 2014 No. 47 - SECT 18

(1) The following dealings with a resource authority are prohibited—

(a) a dealing with a resource authority that transfers a divided part of the authorised area for the resource authority, unless the dealing is—

(i) a sublease of a resource authority that is a lease; or

(ii) a transfer of a sublease mentioned in subparagraph (i) or of a share in the sublease;

(b) a dealing with a resource authority prescribed by regulation as prohibited.

(2) A dealing with a resource authority prohibited under subsection (1) must not be registered under this part and has no effect.