Victorian Consolidated Legislation

Mineral Resources (Sustainable Development) Act 1990 - SECT 26A

Statement of economic significance if agricultural land covered by licence

26A. Statement of economic significance if agricultural land covered by
licence



(1) This section applies if a licensee holding a mining licence that covers
agricultural land that is not owned by the licensee proposes to carry out work
on that land.

(2) The licensee must prepare a statement of the economic significance of the
work-

   (a)  that contains an assessment of the benefits to Victoria of the
        proposed work, including employment and revenue considerations; and

   (b)  that contains an assessment of those benefits if it was not possible
        to do the work on the agricultural land.

(3) The assessment required by subsection (2)(b) must be made with respect to
each separately owned or occupied property that comprises the agricultural
land.

(4) The licensee must give the statement of economic significance to the
owners and occupiers of the agricultural land-

   (a)  if the proposed work forms part of the work proposed to be carried out
        under the licensee's initial work plan, no later than-

   (i)  6 months after the date the licensee was notified that the licence had
        been granted; or

   (ii) the date the licensee lodges the work plan under section 40(1)-
        whichever is the earlier;

   (b)  in any other case, no later than the date the licensee lodges the
        relevant variation of the work plan under section 41.