Document ID: chunk:federal_register_of_legislation:C2007A00078:clause:1_3
Version: federal_register_of_legislation:C2007A00078
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 5961–6596

3     A *mining, quarrying or prospecting right relating to *mining operations to obtain quarry materials                         The life of the quarry or proposed quarry to which the right relates or, if there is more than one, the life of the quarry that has the longest estimated life

 (11) You work out the period in subsection (10):
 (a) as from the *start time of the *mining, quarrying or prospecting right; and
 (b) by reference only to the period of time over which the reserves, reasonably estimated using an appropriate accepted industry practice, are expected to be extracted from the mine, petroleum field or quarry.