Queensland Consolidated Acts

MINERAL RESOURCES ACT 1989 - SECT 845

845 Gross value royalty decisions—periods occurring before 1 September 2013

(1) This section applies in relation to minerals sold, disposed of or used before 1 September 2013.

(2) For assessing or reassessing royalty payable for the minerals, the repealed regulation is taken to have provided that a gross value royalty decision, or an amended gross value royalty decision, may have applied—

(a) to a return period whether or not a person had lodged a royalty return for the period; and

(b) for a period starting or ending before the decision was made or amended.

Note—

See, however, section 331B in relation to the circumstances in which a reassessment of royalty payable for the minerals may be made.

(3) For subsection (2)—

(a) section 43D(2) of the repealed regulation does not apply; and

(b) any of the following notices or applications may be given or made at any time—

(i) a notice asking a holder to apply for a gross value royalty decision under section 43D of the repealed regulation;

(ii) a notice proposing to amend a gross value royalty decision under section 43I of the repealed regulation;

(iii) an application to amend a gross value royalty decision under section 43J of the repealed regulation.

(4) Subsections (2) and (3) apply despite sections 43D(3), 43F(6), 43I(1)(a), 43J(2) and 43K(2) of the repealed regulation as in force from time to time before 1 September 2013.

(5) In this section—

"repealed regulation" means the Mineral Resources Regulation 2003 .