Transfer of assessment work credits after conversion 
 6. (1) In this section, “conversion bank claim” means a cell claim or boundary claim in respect of which a conversion bank is established under clause (3) (a). (2) This section applies with respect to any assessment work credits that have been approved in respect of a legacy claim before the conversion date if, on the conversion date, (a) the assessment work credits remain banked in respect of the legacy claim and have not been applied against the assessment work requirements for the legacy claim; or (b) the assessment work credits have been applied against the assessment work requirements for the legacy claim in an amount that is less than the annual units of assessment work required for the claim. (3) If assessment work credits described in subsection (2) exist in respect of a legacy claim immediately before the conversion date, the Minister shall, on the conversion date, (a) establish a temporary reserve for the assessment work credits, to be known as a conversion bank, in respect of one of the cell claims or boundary claims that resulted from the conversion of the legacy claim; and (b) transfer all of the assessment work credits to the conversion bank established under clause (a). (4) The holder of a conversion bank claim, (a) may hold assessment work credits in the conversion bank for a period of up to one year; and (b) within one year after the conversion date, shall transfer all of the assessment work credits in the conversion bank to one or more cell claims or boundary claims in accordance with subsection (5). (5) The following rules apply to the transfer of assessment work credits from a conversion bank to one or more cell claims and boundary claims: 1. The assessment work credits may be transferred only to a cell claim or boundary claim that, i. resulted from the same legacy claim as the conversion bank claim, and ii. is, at the time of the transfer, held by the same claim holder as the conversion bank claim. 2. Assessment work credits shall not be transferred to a cell claim described in paragraph 1 if, after the conversion date but before the transfer, the claim amalgamated with another mining claim. 3. Any assessment work credits that are transferred to a cell claim or boundary claim under this section shall be transferred directly to the reserve for assessment work credits for the claim. 4. The amount of assessment work credits that the claim holder may transfer to each cell claim or boundary claim that meets the requirements of paragraphs 1 and 2 shall be determined by the claim holder and may vary from one claim to another. 5. The claim holder of the conversion bank claim is not required to transfer any assessment work credits to a cell claim or boundary claim that meets the requirements of paragraphs 1 and 2. 6. For greater certainty, assessment work credits may be transferred from a conversion bank under this section to the reserve for assessment work credits for the conversion bank claim itself. (6) The claim holder of a conversion bank claim shall transfer assessment work credits under subsection (5) online through the mining lands administration system. (7) If the claim holder of a conversion bank claim has not transferred all of the assessment work credits in the conversion bank within one year after the conversion date, the Minister shall ensure that all assessment work credits remaining in the conversion bank are transferred, in equal amounts, among any cell claims or boundary claims that remain eligible for transfer in accordance with the rules set out in subsection (5). (8) Until such time as all assessment work credits in a conversion bank have been transferred in accordance with subsections (5) and (7), the conversion bank claim shall not be amalgamated with another mining claim nor, in the case of a boundary claim, shall it be merged with another boundary claim under subsection 38.3 (3) of the Act. (9) A conversion bank that is established for a boundary claim under clause (3) (a) remains attached to that claim even though the boundary claim becomes a cell claim by operation of subsection 38.3 (2) of the Act.