The Department of Resources & Energy's (DRE) Interim
Guidelines for the Allocation of Coal Resources February 2014
(Interim Guidelines) have been released in response to the 30
October 2013 Independent Commission Against Corruption (ICAC)
report, Reducing the Opportunities and Incentives for
Corruption in the State's Management of Coal
Resources.
The Interim Guidelines are in response to one of the principal
recommendations of ICAC, that "the auction method should be
the preferred approach to allocating the State's coal
resources". Future allocations will be considered by a
steering committee comprising of representatives from Trade &
Investment, NSW Treasury and the Department of Planning &
Infrastructure (Steering Committee). Further recommendations will
be directed to the NSW Government Cabinet Standing Committee on
Resources and Land Use, for consideration and final approval by the
Standing Committee.
