On 21 May 2011, the NSW Coalition Government released details on the implementation of its Strategic Regional Land Use Policy which the Coalition announced it would introduce when it was in opposition.
The implementation of the Government’s Policy will include:
- a sixty (60) day moratorium on the granting of new coal, CSG and petroleum exploration licences in NSW;
- a requirement that all applications for coal, CSG and petroleum exploration licences be exhibited for public comment;
- the impact on strategic agricultural land from development activities will be subject to public notification requirements;
- all new coal, CSG and petroleum extraction applications must be accompanied by an Agricultural Impact Statement;
- new regulations will be introduced to adopt a range of measures to better regulate activities that impact on aquifers.
The NSW Government is expected to release further details, not only in relation to the Government’s regulation of fraccing (see our article on the Regulation of Hydraulic Fracturing), but also in relation to exploration licences generally this year.
Related Articles
- Energy and Resources June 2011 Newsletter
- PPSA Snapshot: Energy and Resources
- Regulation of Hydraulic Fracturing in QLD & NSW
- Changes to the pricing methodologies
- NSW Strategic Regional Land Use Policy
- HWL Ebsworth welcomes Peter Dreher and Amir Kordvani
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Important disclaimer: The material contained in this publication is of a general nature only and is based on the law as at 9 June 2011. It is not, nor is intended to be, legal advice. If you wish to take any action based on the content of this publication we recommend that you seek professional advice.