(1)  The Director is to consider an application for the transfer of a lease.

(2)  The Director may only recommend that the Minister grant an application for the transfer of a lease if satisfied that the person to whom the applicant proposes to transfer the lease–

(a) intends to mine; and

(b) intends to comply with this Act; and

(c) has an appropriate mining plan; and

(d) is likely to have sufficient financial and technical resources to carry out the mining plan; and

(e) has provided the Director with sufficient information relating to the likely impact on the environment; and

(f) has provided a security deposit.