
Pro Forma Bond Documents
An Unconditional Bond is a contract between the Hon Minister responsible for the Mining Act 1978 and a third party financial institution, being a financial institution acceptable to the Minister, providing for the third party to unconditionally pay the agreed sum to the Minister on his request.
No mining operation will be given approval to commence or expand until a satisfactory Bond has been lodged with the department. The Bond must be in the form of a guarantee by an approved financial institution and showing the name/s of the lessee/licensee.
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Mining Act 1978 Pro Forma Bond Documents
For use in respect to all granted Mining Act 1978 mining tenements.
For use in respect to Licence to Treat Tailings where further conditions are imposed in which a bond is required for protection of the land.












