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Mines and Minerals (Amendment) Act, 1999 (No. 5 of 1999).

Pays/Territoire
Zambie
Type du document
Législation
Date
1999
Source
FAO, FAOLEX
Titre complet
An Act to amend the Mines and Minerals Act.
Sujet
Ressources minérales
Mot clé
Exploitation minière Contrat/accord Royalties/redevances
Aire géographique
Afrique, Afrique Orientale, Nations en développement sans littoral, Pays les moins avances
Résumé

The principal Act is amended in section 66, commas 91) and (2) by providing anew that the holder of a large-scale mining licence shall in accordance with the licence, this Act and the terms of any relevant development agreement, pay to the Republic, a royalty on the gross value of minerals produced under the licence at a specified rate. Provided that if the Minister considers that the realised price does not correspond to the price that would have been paid for the minerals if they had been sold on similar terms in a transaction, at arms length, between a willing seller and a willing buyer, a notice may be given to that effect to the Licensee; and the amount of the market value shall be determined in accordance with mechanism contained in sections ninety-seven A to ninety-seven D of the Income Tax Act.

Texte intégral
Anglais

Références - Législation

Amende

Mines and Minerals Act (Cap.213).

Législation | Zambie | 1995 (2006)

Mot clé: Pollution du sol/qualité, Conservation du sol/amélioration du sol, Législation de base, Exploitation minière, Exploration, Autorisation/permis, Pollution des eaux douces, Lutte contre la pollution

Source: FAO, FAOLEX