(a) any such holder fails to comply with the terms and conditions of such mineral licence or of the provisions of this Act; (b) in the case of a company, such company is wound up in terms of the provisions of the Companies Act, 1973 (Act 61 of 1973), unless such company has been wound up for purposes of an amalgamation or reconstruction, as contemplated in that Act, and has obtained the prior approval of the Minister for such amalgamation or reconstruction; (c) in the case of a natural person, such is sequestrated. person’s estate (2) The Minister shall not under subsection 1(a) cancel a mineral licence so referred to, unless – the Minister has by notice in writing informed the holder of such mineral licence of his or her intention to cancel such mineral licence – setting out particulars of the alleged failure; and calling upon such holder to make such representations to the Minister as such holder may deem necessary or expedient within such period, but not less than 30 days as from the date of such notice, as may be specified in such notice; the Minister has considered – any steps taken by such holder to remedy the failure in question or to prevent any such failure from being repeated during the currency of the mineral licence; and any other matters submitted to the Minister by way of the representations made under paragraph (a)(ii); and (c) in the case of a holder of a mineral licence who has failed to pay any amount payable by such holder in terms of this Act or by virtue of the terms and conditions of the mineral licence in
(a) any such holder fails to comply with the terms and conditions of such mineral licence or of the provisions of this Act; (b) in the case of a company, such company is wound up in terms of the provisions of the Companies Act, 1973 (Act 61 of 1973), unless such company has been wound up for purposes of an amalgamation or reconstruction, as contemplated in that Act, and has obtained the prior approval of the Minister for such amalgamation or reconstruction; (c) in the case of a natural person, such person’s estate is sequestrated. (2) The Minister shall not under subsection 1(a) cancel a mineral licence so referred to, unless – the Minister has by notice in writing informed the holder of such mineral licence of his or her intention to cancel such mineral licence – setting out particulars of the alleged failure; and calling upon such holder to make such representations to the Minister as such holder may deem necessary or expedient within such period, but not less than 30 days as from the date of such notice, as may be specified in such notice; the Minister has considered – any steps taken by such holder to remedy the failure in question or to prevent any such failure from being repeated during the currency of the mineral licence; and any other matters submitted to the Minister by way of the representations made under paragraph (a)(ii); and (c) in the case of a holder of a mineral licence who has failed to pay any amount payable by such holder in terms of this Act or by virtue of the terms and conditions of the mineral licence in