Variation of Agreement by Minister in certain event. If the Company has ceased or ceases to use coal from the leased area for the generation of electric power in the power generating station referred to in clause 19 hereof the Minister at any time thereafter may by an instrument under his or her hand vary the provisions of this Agreement in such manner as the Minister deems expedient in the interests of the State but so that the Company shall not be in a less favourable position than if it held licences for the purpose of mining for coal on the leased area in accordance with the provisions of the Act.
Appears in 4 contracts
Samples: www.legislation.vic.gov.au, www.legislation.vic.gov.au, www.legislation.vic.gov.au
Variation of Agreement by Minister in certain event. If the Company has ceased or ceases to use coal from the leased area for the generation of electric power in the power generating station referred to in clause 19 hereof the Minister at any time thereafter may by an instrument under his or her hand vary the provisions of this Agreement in such manner as the Minister deems expedient in the interests of the State but so that the Company shall not be in a less favourable position than if it held licences for the purpose of mining for coal on the leased area in accordance with the provisions of the Act.. s. 12
Appears in 2 contracts
Samples: Mines (Aluminium Agreement, www.legislation.vic.gov.au
