Regulations 1990 No.48 of 1990 Amendments of Mining Regulations
Tabled Paper 16
Tabled Papers for 6th Assembly 1990 - 1994; Tabled Papers; ParliamentNT
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Mining Regulations 5. REPEAL AND SUBSTITUTION Regulations 14 and 15 of the Mining Regulations are repealed and the following substituted: "14. RENT FOR EXTRACTIVE MINERAL PERMIT "(1) The rent for an extractive mineral permit is $50 per hectare or part of a hectare for each year or part of a year in respect of the land the subject of the permit. "(2) For the purposes of section 115(2) of the Act, the prescribed rent for a renewal period of an extractive mineral permit is (a) $50 per hectare or part of a hectare in respect of the land the subject of the permit, where the renewal period is 12 months or less; or (b) $100 per hectare or part of a hectare in respect of the land the subject of the permit, where the renewal period is longer than 12 months.". 6. TIME AND MANNER OF PAYMENT OF RENT Regulation 17 of the Mining Regulations is amended by omitting subregulation (2) and substituting the following: "(2) The rent referred to in regulation 14(1) shall be payable in the following manner: (a) for the first year or part of a year of the extractive mineral permit - with the application lodged under section 107 of the Act; and (b) for the remainder of the term of the extractive mineral permit - not later than the anniversary of the date on which the permit was granted. "(3) The rent referred to in regulation 14(2) shall be lodged with the application under section 115 of the Act for the renewal of the extractive mineral permit.". 7. METHOD OF MARKING OUT Regulation 19(1) of the Mining Regulations is amended by omitting paragraphs (b), (c), (d) and (e) and substituting the following: "(b) an extractive mineral lease; or (c) an extractive mineral permit,". 2 r ------------------------- ------ - M * f --VT-
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