Mines and Minerals (Royalty) Regulations (Cap. 61:01)

1. Citation These Regulations may be cited as the Mines and Minerals (Royalty) Regulations.

2. Application of Mining Regulations The Mining Regulations revoked by section 130 (2) of the Act shall continue to apply with respect of royalty payable on minerals obtained before the commencement; but without prejudice to the exercise of any power, or the recovery of any such royalty, under Part VI of the Act. Cap. 61:01, sub. leg. p. 36a

3. Demand and methods of calculation, etc. (1) Royalty is payable on the demand of the Commissioner. (2) When it is desired to export minerals, the Commissioner may make an estimate of the amount of the royalty to be paid, which amount shall be paid, or security given for its payment, before export. (3) Within six months of the export, or such extended time as the Commissioner may allow, a sales account in respect of the minerals exported shall be produced to the Commissioner and any adjustment made which may be necessary to effect payment of the royalty actually payable.

4. Returns The holder of a claim or a mining licence shall furnish to the Commissioner returns in such form, at such intervals, and containing such information with respect to the determination of royalty, as the Commissioner may approve, specify or require.

5. Schedule Subject to section 86 (2) (a) of the Act and regulation 2, the holder of a claim or of a non- exclusive prospecting licence or of a Mineral Right shall pay royalty in respect of minerals obtained by him by virtue thereof in accordance with the Schedule. SCHEDULE (reg. 5) ROYALTY

1. Interpretation (1) In this Schedule— “disposal of ” in relation to a mineral, means the sale, barter, export, deposit as a pledge or security, donation as a gift, or other disposition, with or without consideration, of the mineral, and includes the loss of the mineral by theft or otherwise after the mineral has been obtained; “gross value”, in relation to a mineral, means— (a) the actual gross sum realized by the sale thereof, less such deduction as the Commissioner may allow in respect of expenditure on the transportation of the mineral prior to sale or other disposal where it is shown to the satisfaction of the Commissioner that the expenditure was borne or would have been borne by the person for assessed royalty in respect of the mineral; or (b) where subparagraph (2) applies, the sum determined by the Commissioner pursuant to that subparagraph; “precious metals” has the meaning assigned thereto by section 98 of the Act; “semi-precious stones” means agates and such other stones as may be prescribed as being semi-precious stones for the purposes of the Act. (2) Where— (a) any mineral is not sold or is disposed of otherwise than by way of sale; or (b) in the opinion of the Commissioner any mineral is disposed of for a consideration less than its true value, the Commissioner may determine the sum for which, in his opinion, the mineral could be, or could have been, disposed of and that sum is the gross value of the mineral.

2. Rates of royalty Royalty is payable in respect of— (a) building and industrial minerals at the rate of— (i) seven per cent of the gross value of the minerals where the minerals are exported in an unmanufactured state; or (ii) five per cent of the gross value of the minerals in any other case; (b) precious stones at the rate of— (i) ten per cent of the gross value of the minerals where the precious stones are exported as rough uncut stones; or (ii) five per cent of the gross value of the minerals in any other case; (c) semi-precious stones at the rate of— (i) ten per cent of the gross value of the minerals where the semi-precious stones are exported as rough uncut stones; or (ii) five per cent of the gross value of the minerals in any other case; (d) radioactive minerals at the rate of five per cent of the gross value of the mineral; (e) precious metals at the rate of five per cent of the gross value of the minerals; or (f) any other minerals at the rate of— (i) five per cent of the gross value of the minerals where the minerals are exported in an unmanufactured state; or (ii) five per cent of the gross value of the minerals in any other case. MINING (SAFETY) REGULATIONS ARRANGEMENT OF REGULATIONS REGULATION PART I PRELIMINARY

1. Citation and application

2. Interpretation

3. Regulations to be kept available for reference

4. Power of manager to give written directions

5. Notice to be given on starting and stopping work PART II