❓ This WA parliamentary question seeks information about the Mining Rehabilitation Fund (MRF), including the total funds held, participation rates, payouts, and exemptions. The answer provides a snapshot of the fund's early stages, focusing on voluntary contributions.
AnsweredQoN 1248Legislative Assembly
QuestionView source ↗
I refer to the Mining Rehabilitation Fund Act 2012 (Western Australia) and I ask: (a) what is the current total of funds held by the government; (b) how many companies have paid to the fund to date; (c) has any monies been paid out of the fund to date, and if so, how much; (d) if monies have been paid out of the fund, on what was this money spent; and (e) have any holders of mining tenements been exempt from paying the levy into the fund thus far?
AnswerView source ↗
Answered
22 October 2013
Responded by
Minister for Mines and Petroleum
Response time
34 days
(a) The total amount of funds collected through voluntary payments into the Mining Rehabilitation Fund (MRF) between 1 July 2013 and 17 September 2013 was $2 788 662.
(b) The number of tenements where the tenement holder has voluntarily opted into the MRF is 3 722.
(c) No
(d) Not applicable
(e) If the rehabilitation cost of land that has been disturbed on a tenement is below $50 000 (thereby attracting a levy of less than $500), then a levy is not payable. Tenement holders that have entered voluntarily and fallen below this threshold are not required to pay a levy.
(b) The number of tenements where the tenement holder has voluntarily opted into the MRF is 3 722.
(c) No
(d) Not applicable
(e) If the rehabilitation cost of land that has been disturbed on a tenement is below $50 000 (thereby attracting a levy of less than $500), then a levy is not payable. Tenement holders that have entered voluntarily and fallen below this threshold are not required to pay a levy.
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