What’s this about?
The NSW Government supports the State’s resources industry and the benefits it delivers to the NSW community. The Department of Regional NSW’s (DRNSW) division of Mining, Exploration and Geoscience (MEG) is progressing a range of reforms which support the responsible development of the state’s mineral resources. This will position NSW to become Australia’s premier destination for exploration and mining investment.
The draft of the proposed Mining Amendment Regulation 2022 and the draft of the proposed Petroleum (Onshore) Amendment Regulation 2022 are now available for public comment. The proposed Regulations will support the Mining and Petroleum Legislation Amendment Act 2022, which was passed by both Houses of Parliament on 17 May 2022 and assented to on 6 June 2022.
Object of the proposed Mining Amendment Regulation 2022
The objects of the proposed Regulation are to enable faster and more efficient decision-making, streamline processes, improve clarity and enhance compliance.
Key updates of the Regulation include:
- allowing for hydrogen and non-metals to be regulated under the Mining Act 1992
- updating the definitions for the prescribed standard conditions of mining leases
- clarifying the application of conditions related to the rehabilitation of land within mining leases, risk assessments, management plans and other rehabilitation of land obligations
- clarifying the application of the conditions to ancillary mining activities on land that is outside the mining area of a mining lease
- providing for calculation methods of administration levies and late payment fees
- Other miscellaneous minor amendements
Object of the proposed Petroleum (Onshore) Amendment Regulation 2022
The object of the proposed Regulation is to define the ‘well-head’ of petroleum, which may be used in the calculation of royalties under the Petroleum (Onshore) Act 1991 and the Regulation.
We have created an explanatory guide which provides an overview of the draft amendments and highlights the policy intent.
Have your say
Have your say by Wednesday 19 October 2022.
There are two ways to submit feedback, listed below.