Key Points:
Queensland has taken the first step in modernising its
resources legislation by introducing the Mineral and Energy
Resources (Common Provisions) Bill 2014.
Queensland's "MQRA Program" has been designed to
modernise the State's resources legislation through the
consolidation of the current legislative framework into a single
common resources Act. The current framework consists of five
resources Acts. The purpose of the consolidation is reduced
complexity through a single, harmonised system, which is flexible
enough to accommodate future developments in the industry and
reduce regulatory burdens.
The first step in implementing the MQRA Program has been taken
by introducing the Mineral and Energy Resources (Common Provisions)
Bill 2014, which will act as an initial transitional measure
alongside the existing Acts to simplify the conversion process.
