FAILURE TO REGISTER TRANSFER FOLLOWING SALE OF MINING TENEMENT LEAVES SELLER LIABLE FOR PENALTY IN LIEU OF FORFEITURE

摘要

This decision concerns an application for forfeiture (Application) of a mining lease (Mining Lease). The Application was made on the basis that the registered holder of the Mining Lease failed to comply with the expenditure conditions of the Mining Lease during the 2009 expenditure year (Expenditure Year).