(3) The holder of an extractive industry work S. 12(3) authority to be carried out on Crown land must inserted by No. 6/2009 pay royalties in accordance with the rate or s. 13. method of assessment and at the times— (a) specified in the work authority; or (b) prescribed, if not specified in the work authority— unless the Minister decides to waive or vary the royalties under subsection (4). S. 12(4) (4) The Minister may waive the requirement for any inserted by holder of an extractive industry work authority to No. 6/2009 pay royalties or vary the rate, method of s. 13. assessment or times at which the royalty is to be paid by any holder of an extractive industry work authority if the Minister is satisfied that a royalty is being paid to the Crown or in any other circumstances in which the Minister is satisfied that it is appropriate that there should be such a waiver or variation. S. 12A 12A Royalties for lignite inserted by No. 89/2005 s. 4. S. 12A(1) (1) This section applies to the holder of a mining amended by licence or prospecting licence if the holder mines No. 64/2012 s. 15(1). lignite in accordance with the licence and has effect despite anything to the contrary specified in the licence or the regulations (other than regulations made for the purposes of subsection (2)).
S. 12(3) inserted by No. 6/2009 s. 13. (3) The holder of an extractive industry work authority to be carried out on Crown land must pay royalties in accordance with the rate or method of assessment and at the times— (a) specified in the work authority; or (b) prescribed, if not specified in the work authority— unless the Minister decides to waive or vary the royalties under subsection (4). S. 12(4) inserted by No. 6/2009 s. 13. (4) The Minister may waive the requirement for any holder of an extractive industry work authority to pay royalties or vary the rate, method of assessment or times at which the royalty is to be paid by any holder of an extractive industry work authority if the Minister is satisfied that a royalty is being paid to the Crown or in any other circumstances in which the Minister is satisfied that it is appropriate that there should be such a waiver or variation. S. 12A inserted by No. 89/2005 s. 4. 12A Royalties for lignite S. 12A(1) amended by No. 64/2012 s. 15(1). (1) This section applies to the holder of a mining licence or prospecting licence if the holder mines lignite in accordance with the licence and has effect despite anything to the contrary specified in the licence or the regulations (other than regulations made for the purposes of subsection (2)).
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