Document ID: chunk:federal_register_of_legislation:C2004A00102:body:0:p7
Version: federal_register_of_legislation:C2004A00102
Segment Type: other
Provision Reference: 
Character Range: 15293–17938

of a kind that the Authority is authorized by this Act to carry on,
for use by the body or person in connexion with that mining undertaking or other undertaking;

   (q) to underwrite issues of shares in, or debentures or other securities of, a company carrying on, or intending to carry on, an undertaking of a kind referred to in paragraph (p);
   (r) to enter into a partnership or arrangement for sharing the risks involved in carrying on operations by way of exploration for, or recovery of, petroleum or minerals, and for sharing the petroleum or minerals recovered in the course of carrying on the operations or the profits derived from carrying on the operations;
   (s) to give guarantees; and
   (t) to do anything incidental to any of its powers.
(2) Sub-section (1) does not authorize the Authority to enter into an agreement for the Authority to explore for, or recover, a substance, being petroleum or a mineral, for, on behalf of or in association with another person body at any place on the Australian continental land mass unless that person or body is authorized to explore for, or recover, as the case requires, the substance at that place.

(3) The Authority is not authorized by paragraph (1)(q) to under write issues of shares in, or debentures or other securities of, a company or companies the nominal values of which exceed at any time in the aggregate such sum as the Treasurer determines.

(4) The power of the Authority to give guarantees in accordance with paragraph (1)(s) is subject to such limits as the Treasurer determines as to the total amount of moneys (other than interest) the pay­ment of which may at any time be the subject of such guarantees.

(5) In this section "mining undertaking" means an undertaking in the course of which operations by way of—
(a) exploration for petroleum or minerals; or
(b) extraction of petroleum or minerals from its or their natural site, are, or are proposed to be, carried on.

Power to enter land and take levels &c.
13. (1) Where—
   (a) the occupier of land has consented in writing to an authorized person entering upon the land, with such assistance as is necessary, for the purpose of exercising the functions of an authorized person under this section; or
   (b) a warrant granted under section 50 authorizes an authorized person to enter upon land, with such assistance as is necessary, for the purpose of exercising those functions,
the authorized person may, with such assistance as is necessary—
(c) enter upon the land; and
(d) exercise on land so entered the functions of an authorized person under this section.

(2) Where an authorized person enters upon