131-140 of 174 results
Major proposed changes to Queensland resources law – the environmental and commercial implications
New legislation will, if passed, introduce a suite of reforms aimed at mitigating the risks of Queensland resources projects not being rehabilitated, which also have major implications for the sales of such projects. The changes' wide-ranging impact includes tighter criteria for tenement applicants and transferees, and introducing an ability for tenement conditions to be adjusted following a change of control of tenement holders. In particular, potential tenement applicants and purchasers should consider initial due diligence on people and entities that may be considered their associates, so they are prepared to defend any decision in relation to potential disqualification. ...
Toksave - PNG regulatory update: P'nyang Gas Agreement; Whistleblower Bill; Air Niugini/Philippine Airlines codeshare and other developments
No P'nyang Gas Agreement with ExxonMobil; first of its kind Whistleblower Bill moves ahead; codeshare denied for Air Niugini/Philippine Airlines; and the Proposed Organic Law on the Independent Commission Against Corruption 2019 (ICAC Bill). ...
Queensland's new regulatory framework for safety in the resources industry
Queensland Parliament has passed legislation that, when it comes into effect on 1 July 2020, will change the state's regulatory framework for health and safety in the resources industry. ...
Resources sector regulation – the Productivity Commission's call for reform
The Productivity Commission has released its draft report on resources sector regulation and, if implemented, its recommendations have important implications for the sector. In particular, the report includes a number of recommendations focused on reducing delays in project assessment and approval, ...
Industrial manslaughter laws proposed for Queensland resources sector
If passed, the Mineral and Energy Resources and Other Legislation Amendment Bill 2020 (Qld) (Bill), introduced in the Queensland Parliament on 4 February 2020, will create industrial manslaughter offences in the Queensland resources industry. ...
Allens advises DUET Investment Holdings Limited on acquisition of additional interest in Dampier to Bunbury Natural Gas Pipeline
Allens has advised DUET Investment holdings Limited on its $205 million acquisition of an additional interest in the Dampier to Bunbury Natural Gas Pipeline (DBP), one of Western Australia's most ...
Changes to tax rules for offshore investment
A Bill is currently before Federal Parliament that will more closely but not completely align the foreign non-portfolio dividend NANE treatment with debtequity concepts Partner Martin Fry and Senior Associate Jennifer Richards report on the changes ...
Tax deductions for mining rights and information
Legislation amending the timing of tax deductions for expenditure incurred on acquiring mining rights and mining information has been introduced into federal Parliament The new law will remove the immediate tax deduction for the cost incurred by a mining entity in acquiring mining rights or mining ...
South West settlement agreed to in principle
The West Australian Government and the South West Aboriginal Land and Sea Council have come to an in-principle agreement in relation to a collective native title claim of the Noongar people The South West Settlement Agreement which should provide greater clarity regarding aboriginal heritage surveys ...