Compliance

Compliance rules

Due-diligence checks, deadlines, audits, heritage and environmental obligations across all jurisdictions.8 rules

Qld(8)
  • auditOngoing, especially in the final year of term

    Pending renewal / extension applications

    Check whether a renewal or extension application is lodged and its approval status, so a tenement doesn't lapse mid-transaction.

  • deadlineEPMYears 3 and 5 of an EPM term

    Area reduction schedule (EPM)

    40% reduction at year 3 and 50% at year 5, repeating after each renewal.

  • deadlineAnnually, on the grant anniversary

    Rent / fee good standing

    Confirm annual rent or licence fees are paid and not overdue — an unpaid rent notice is usually the first step toward forfeiture.

  • due diligencePer the jurisdiction's reporting cycle

    Expenditure / work-commitment compliance

    Confirm the required exploration expenditure or work programme has been met and reported for the current reporting year.

  • due diligenceBefore any transfer or dealing

    Holder identity & dealings history

    Verify the registered holder(s) and share splits match what's expected, and check the dealings register for caveats, mortgages, farm-ins or JVs.

  • due diligenceBefore any dealing; otherwise ongoing

    Title validity & expiry

    Confirm the tenement's current status is granted/live, and its expiry date is correct and not imminent, before relying on it in a deal or report.

  • environmentalBefore ground-disturbing activity

    Environmental Authority linkage

    EPM/ML activity requires a linked Environmental Authority under the Environmental Protection Act 1994, separate from the Mineral Resources Act tenement itself.

  • heritageBefore grant or ground disturbance

    Land access & native title (MERCP Act)

    Check native title Future Act compliance and the land-access/objection regime under the Common Provisions Act, and confirm landholder access agreements are in place.