MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 73 Pending applications for leases
MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 73
Pending applications for leases
(1) An application for a lease is pending from the marking out of the land until whichever of the following happens first:(a) the application is granted;(b) the application is refused;(c) the application lapses;(d) the application is withdrawn.(2) An application for a lease lapses 12 months after the marking out unless the Director extends that period.(3) The Director may only extend the period of 12 months if satisfied that (a) the failure to determine the application is not caused by default of the applicant; or(b) there is sufficient reason to do so.