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This is a Bill, not an Act. For current law, see the Acts databases.
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:
This Act may be cited as the Mining (Royalty) Amendment Bill
Act 2004.
This Act will come into operation on a day to be fixed by
proclamation.
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)