Resource companies note the remaining MERCPA provisions commence
The remaining provisions of the Mineral and Energy Resources (Common Provisions) Act 2014 (Qld) (MERCPA) commenced on 27 September 2016. Overlapping coal and CSG tenure holders should be aware that if the new overlapping tenures framework under Chapter 4 of MERCPA applies to them, there are certain post-commencement obligations they may need to comply with within a relatively short timeframe.
The two associated regulations – the Mineral and Energy (Common Provisions) Regulation 2016 and the Mineral and Energy (Common Provisions) Transitional Regulation 2016 – also commenced on 27 September 2016.
A consolidated version of the Mineral and Energy Resources (Common Provisions) Act 2014 (Qld) incorporating amendments made by the Mineral and Other Legislation Amendment Act 2016 (Qld) and Water Reform and Other Legislation Amendment Act 2014 (Qld) has not yet been made available.
If you require more information on the new regime, please contact the authors.
This publication covers legal and technical issues in a general way. It is not designed to express opinions on specific cases. It is intended for information purposes only and should not be regarded as legal advice. Further advice should be obtained before taking action on any issue dealt with in this publication.