All tenement holders operating on Mining Act tenure, (with the exception of tenements covered by State Agreements which are not listed in the Mining Rehabilitation Fund Regulations 2013) will be required to report disturbance data and contribute annually to the fund. Tenements with a rehabilitation liability estimate (RLE) of $50,000 or below will report disturbance data but will not be required to pay into the fund. The MRF was implemented on 1 July 2013 on a voluntary ‘opt in’ basis. This provided companies with an early opportunity to have their UPBs retired where approved by DMP against specific published criteria
Mining Rehabilitation Fund Fact Sheet
Guidance
Prior to the commencement of the Mining Rehabilitation Fund (MRF), Mining Act 1978 (Mining Act) tenement holders were required to provide Unconditional Performance Bonds (UPBs) as security to ensure that they fulfilled their environmental obligations.