Dnrm Compensation Agreement

The holder of the resource authority must apply to the register of securities within 28 days of the end of the agreement or of the knowledge that the agreement no longer applies to the distributed areas. To identify new CCMs, the holder of the resource authority must submit his application to the register of titles within 28 days of the signing of the agreement by both parties. The introduction of MERCPA also created the new overlapping tenure framework to better manage the interaction between coal and CSG activities in Queensland. The new framework builds on the 2012 Joint Industrial Proposal and provides for a comprehensive right of way for coal, which will be mitigated by the right of csg parties to accelerate production and ultimately obtain compensation for sterilized resources.

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