📘 Duties Amendment (Farm-in Agreements) Act 2022
037 of 2022Assented 1 November 2022
This Act amends the Duties Act 2008 to introduce new provisions for farm-in agreements and farm-in transactions, particularly concerning exploration and mining activities. It clarifies duty obligations related to these agreements.
Impact
Mining companies and individuals involved in farm-in agreements will be affected by changes to duty calculations and obligations. The Act aims to provide clarity and potentially reduce double duty in certain circumstances.
Sectors
miningresources
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