Regulations on mines royalties the Mines and Minerals Act, No. 33 of 1992

I fldgi ( ^I& fPoh - YS% ,xld m%cd;dka;s%l iudcjd§ ckrcfha w;s úfYI .eiÜ m;%h - 2013'09'18 1A Y%S ,xld m%cd;dka;%sl iudcjd§ ckrcfha .eiÜ m;%h PART I : SEC. (I) - GAZETTE EXTRAORDINARY OF THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA - 18.09.2013 w;s úfYI The Gazette of the Democratic Socialist Republic of Sri Lanka EXTRAORDINARY wxl 1833$11 - 2013 Tlaf;dan¾ ui 23 jeks nodod - 2013'10'23 No. 1833/ 11 - WEDNESDAY, OCTOBER 23, 2013 (Published by Authority) PART I : SECTION (I) — GENERAL Government Notifications L.D. B 3/1992 (III). THE MINES AND MINERALS ACT, No. 33 OF 1992 REGULATIONS made by the Minister of Environment and Renewable Energy under Section 64 read with Section 34 of the Mines and Minerals Act, No. 33 of 1992. A. D. SUSIL PREMAJAYANTHA, Minister of Environment & Renewable Energy. Colombo, 20th September 2013. Regulation The Mining (Licensing) Regulation, No. 1 of 1993 published in Gazette Extraordinary, No. 794/23 of November 26, 1993, as amended from time to time are hereby further amended in Regulation 33 by the substitution for paragraph (4) thereof of the following :- "(4) Royalties charged from sales or determined market value of mine output shall, unless otherwise specified in the Mineral Investment Agreement, be a percentage of that value, as following : Precious metals - 7 per cent Industrial minerals (not exported) - 6 per cent Industrial minerals (exported) - 7 per cent Building materials - 4 per cent Dimension stone (exported) - 7 per cent Base and other metals - 6 per cent". 11- 213 PRINTED AT THE DEPARTMENT OF GOVERNMENT PRINTING, SRI LANKA. This Gazette Extraordinary can be downloaded from www.documents.gov.lk. 1A