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Mineral and Petroleum Resources Royalty (Administration) Act, 2008 (No. 29 of 2008).

Country/Territory
South Africa
Document type
Legislation
Date
2008
Source
FAO, FAOLEX
Original source
Government Gazette, No. 31642 of 26 November 2008, pp. 1-11.
Long title
An Act to provide for the administration of matters in connection with the imposition of a royalty on the transfer of mineral resources and for matters connected therewith.
Subject
Mineral resources
Keyword
Mining Oil Minerals Concession Royalties/fees
Geographical area
Africa, South Atlantic, Southern Africa
Entry into force notes
This Act comes into operation on 1 May 2009.
Abstract

This Act makes provision for the administration of payments of royalty under the Mineral and Petroleum Resources Royalty Act, 2008 to be made by persons registered with the Commissioner for the South African Revenue Service under this Act. A person qualifies for registration in terms of this Act if that person: (a) holds a prospecting right, retention permit, exploration right, mining right, mining permit or production right granted pursuant to the Mineral and Petroleum Resources Development Act or a lease or sublease mentioned in section 11 of the Mineral and Petroleum Resources Development Act in respect of such a right; or (b) wins or recovers a mineral resource from within the Republic.

Full text
English
Website
www.polity.org.za