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Certain Transactions involving Mining Tenements This Commissioner’s practice outlines the Commissioner’s treatment of certain issues when assessing and determining the dutiable value …
Aug 2, 2024 · For transactions involving mining tenements, including specific mineral rights and farm-in agreements, lodge within two months after the transaction. Include the information set …
Equitable mortgages An equitable mortgage is a type of security interest in property that arises when someone lends money to a property owner in exchange for a charge over the property. The …
Mar 21, 2019 · In that decision, the Court held that a caveat lodged by the lender should be set aside as the lender did not have an equitable interest in the caveated titles. Under the Mining …
Key Takeaways An equitable interest is a right to benefit from or claim ownership of property or assets, even if someone else holds the legal title. Equitable interests commonly arise in trusts, …
Under these rules, it is a notifiable and significant action where a foreign government investor acquires a legal or equitable interest in a mining or production tenement, irrespective of the value …
The focus of this paper will be to review the provisions of the Mining Act 1978 (WA) ('Act') which establish the register and require dealings to be registered in order to create an interest in a …
Future act procedures for mining tenements In Western Australia, many mining companies want to mine on native title land, which requires the grant of one or more mining tenements. There are …
Mar 21, 2019 · Generally speaking, a person must have a proprietary or equitable interest in a tenement to support the lodgement of a caveat over that tenement.
It is generally accepted that, in an incomplete contract for the sale of land, equity recognises a purchaser’s interest at a time when the purchaser has the ability to obtain specific performance …
The consensus would seem to be that no legal or equitable interest can be created in a mining tenement without an instrument in writing28 or, arguably, at least a written note or memorandum …
Section 119(2) prevents legal or equitable interests in mining tenements under the Mining Act being created, assigned, affected or dealt with except by an instrument in writing.52 Accordingly, an …
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