s. 12 in respect of any stratum of private land immediately below which there is unalienated Crown land and who proposes to carry out an extractive industry on that unalienated Crown land is to be regarded as the owner of that Crown land for the purpose of obtaining a work authority for the carrying out of that extractive industry. (3) Despite subsection (2), the stone in any Crown land to which that subsection applies remains the property of the Crown and that person must pay royalties for the stone extracted or removed from the land and the extractive industry work authority may provide for the determination and payment of royalties accordingly. S. 12 12 Royalties amended by No. 86/1993 s. 6(a). S. 12(1) (1) Subject to section 12A, the holder of a mining amended by licence or prospecting licence must pay royalties Nos 89/2005 s. 3, 64/2012 in accordance with the rate or method of s. 14(1). assessment and at the times— (a) specified in the licence, after consultation by the Minister with the licensee; or (b) prescribed, if not specified in the licence. (2) Without limiting subsection (1), the holder of a S. 12(2) inserted by mining licence or prospecting licence must, unless No. 86/1993 s. 6(b), the Minister decides otherwise, pay royalties in amended by respect of the disposal under section 14(2)(b) of Nos 82/2000 s. 11(a)(b), tailings resulting from work under a licence over 64/2012 Crown land in accordance with the rate or method s. 14(2). of assessment and at the times prescribed. S. 12(3) (3) The holder of an extractive industry work inserted by authority to be carried out on Crown land must No. 6/2009 s. 13. pay royalties in accordance with the rate or method of assessment and at the times—
in respect of any stratum of private land immediately below which there is unalienated Crown land and who proposes to carry out an extractive industry on that unalienated Crown land is to be regarded as the owner of that Crown land for the purpose of obtaining a work authority for the carrying out of that extractive industry. (3) Despite subsection (2), the stone in any Crown land to which that subsection applies remains the property of the Crown and that person must pay royalties for the stone extracted or removed from the land and the extractive industry work authority may provide for the determination and payment of royalties accordingly. S. 12 amended by No. 86/1993 s. 6(a). 12 Royalties s. 12 S. 12(1) amended by Nos 89/2005 s. 3, 64/2012 s. 14(1). (1) Subject to section 12A, the holder of a mining licence or prospecting licence must pay royalties in accordance with the rate or method of assessment and at the times— (a) specified in the licence, after consultation by the Minister with the licensee; or (b) prescribed, if not specified in the licence. S. 12(2) inserted by No. 86/1993 s. 6(b), amended by Nos 82/2000 s. 11(a)(b), 64/2012 s. 14(2). (2) Without limiting subsection (1), the holder of a mining licence or prospecting licence must, unless the Minister decides otherwise, pay royalties in respect of the disposal under section 14(2)(b) of tailings resulting from work under a licence over Crown land in accordance with the rate or method of assessment and at the times prescribed. 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—
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