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This is a Bill, not an Act. For current law, see the Acts databases.


MINING (ROYALTY) AMENDMENT BILL 2004

House of Assembly—No 57

As laid on the table and read a first time, 11 November 2004

South Australia

Mining (Royalty) Amendment Bill 2004

A Bill For

An Act to amend the Mining Act 1971.



Contents

Part 1—Preliminary

1 Short title

2 Commencement

3 Amendment provisions

Part 2—Amendment of Mining Act 1971

4 Amendment of section 17—Royalty

5 Amendment of section 63—Extractive Areas Rehabilitation Fund



The Parliament of South Australia enacts as follows:

Part 1—Preliminary

1—Short title

This Act may be cited as the Mining (Royalty) Amendment Bill Act 2004.

2—Commencement

This Act will come into operation on a day to be fixed by proclamation.

3—Amendment provisions

In this Act, a provision under a heading referring to the amendment of a specified Act amends the Act so specified.


Part 2—Amendment of Mining Act 1971

4—Amendment of section 17—Royalty

(1) Section 17(2)—delete subsection (2) and substitute:

(2) Royalty will be equivalent to—

(a) in the case of extractive minerals—the prescribed rate; or

(b) in any other case—the prescribed percentage of the value of the minerals,

as assessed at the mine gate.

(2) Section 17—after subsection (2) substitute:

(2a) The prescribed rate under subsection (2)(a) may be fixed according to the weight or volume of extractive minerals recovered.

(3) Section 17(8)—after "pay royalty" insert:

on any minerals other than extractive minerals

5—Amendment of section 63—Extractive Areas Rehabilitation Fund

(1) Section 63(2)—delete "50 per cent" and substitute:

the prescribed percentage

(2) Section 63(3)(a)—after "minerals" insert:

(or any costs associated with ensuring that such land is rehabilitated in accordance with the requirements under this Act)

(3) Section 63(3)(b)—after "minerals" insert:

(or any costs associated with ensuring that such measures are implemented or with monitoring such measures)

 


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