Mining Amendment (Minimum Security Deposits) Regulation 2013 (NSW)

2013 No 74

New South Wales

Mining Amendment (Minimum Security

Deposits) Regulation 2013

under the

Mining Act 1992

His Excellency the Lieutenant-Governor, with the advice of the Executive Council, has made the following Regulation under the Mining Act 1992.

CHRIS HARTCHER, MP

Minister for Resources and Energy

Explanatory note

The object of this Regulation is to reduce, from $1,000 to $200, the minimum security deposit general regulation-making power).

for a small-scale title (a mineral claim or an opal prospecting licence).

Published LW 1 March 2013	Page 1
2013 No 74
Clause 1	Mining Amendment (Minimum Security Deposits) Regulation 2013

Mining Amendment (Minimum Security Deposits)

Regulation 2013

under the

Mining Act 1992

1      Name of Regulation

This Regulation is the Mining Amendment (Minimum Security
Deposits) Regulation 2013.

2      Commencement

This Regulation commences on the day on which it is published on the
NSW legislation website.

3 Amendment of Mining Regulation 2010

Clause 75

Omit the clause. Insert instead:

75      Minimum deposit—security deposit condition

For the purposes of section 261BF of the Act, the minimum deposit for an authorisation is:

(a)	$200 for a small-scale title, and
(b)	$1,000 for an environmental assessment permit, and
(c)	$10,000 for any other authorisation.