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The 1982 resource amendment to the Constitution, section 92A, has been analysed primarily from the perspective of its impact on intergovernmental relations in the formation of resource policies Yet the fundamental, constitutional 'rules of the game' may also affect the ongoing relationship between governments and private-sector resource participants In this article, the authors discuss how section 92A might affect that relationship in terms both of the policy-making process and of the substance of the resultant policies