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Monday, 24 May 1965


Senator HENTY (Tasmania) (Minister for Civil Aviation) . - Paragraph (d) of the proposed new sub-section refers to an allowance of half the cost of drilling outside the existing leases that a company or a mine might hold. The leaseholder gets all the costs of diamond drilling inside the existing lease at present. If he goes outside the lease and explores other areas, he is to be allowed half the cost of drilling. The provision in paragraph (c) is an extension of the provisions in the principal Act and will be administered in similar fashion.







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