Mineral Royalty Rates Act (No. 3) B.E. 2522 (1979). Country/Territory Thailand Document type Legislation Date 1979 Source FAO, FAOLEX Long titleThe Mineral Royalty Rates Act B.E. 2509 (1966) as amended by the Mineral Royalty Rates Act (No. 2) B.E. 2520 (1977)is amended by the Mineral Royalty Rates Act (No. 3) B.E. 2522 (1979). Subject Mineral resources Keyword Minerals Royalties/fees Tax/levy Geographical area Asia, Asia and the Pacific, East Asian Seas, Indian Ocean, South-Eastern Asia Entry into force notes on 3 May 1979. Abstract Royalties on minerals shall be based on the type, nature, metal percentage of or substance contained in the mineral, not exceeding twenty percent of the market price. Full text English References - Legislation Amends Mineral Royalty Rates Act B.E. 2509 (1966) as amended by the Mineral Royalty Rates Act (No. 2) B.E. 2520 (1977). Legislation | Thailand | 1966 (1977) Keyword: Minerals, Royalties/fees, Tax/levy Source: FAO, FAOLEX