Tenement types

Tenement type rules

Per-jurisdiction tenement types with term, renewal, expenditure, reporting and rent rules.4 types

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Tas(4)
  • EL

    Exploration Licence

    Explorationarea: km2
    Term:
    5-year initial term, extendable at the Minister's discretion on shown grounds.
    Renewal:
    Extension application with supporting grounds.
    Expenditure:
    Minimum work/expenditure per licence category.
    Reporting:
    Annual exploration-licence return, lodged via Service Tasmania.
    Rent basis:
    Indexed annually by fee unit; a Special Exploration Licence carries its own schedule (e.g. lower rate for years 1-2, higher thereafter).

    source: Mineral Resources Development Act 1995 (TAS)

  • RL

    Retention Licence

    Explorationarea: km2
    Term:
    Unverified.
    Renewal:
    Unverified.
    Expenditure:
    Reduced relative to an EL.
    Reporting:
    Annual return.
    Rent basis:
    Annual, fee-unit indexed.

    source: Mineral Resources Development Act 1995 (TAS)

  • ML

    Mining Lease

    Productionarea: hectares
    Term:
    May be issued for any Minister-determined period; renewable.
    Renewal:
    Renewal per the Act.
    Expenditure:
    s.181 Rehabilitation of Mining Lands Trust Fund contribution.
    Reporting:
    Annual return.
    Rent basis:
    Annual, per hectare.

    source: Mineral Resources Development Act 1995 (TAS)

  • PL

    Production Licence

    Productionarea: hectares
    Term:
    Minister-determined period.
    Renewal:
    Renewable.
    Expenditure:
    Production conditions attach at grant.
    Reporting:
    Annual return.
    Rent basis:
    Annual.

    source: Mineral Resources Development Act 1995 (TAS)