Mines and Minerals (Amendment) Act, 1997 (No. 8 of 1997)

Mines and Minerals No.8 of 1997 25 (Amendment) GOVERNMENT OF ZAMBIA ACT No.80f1997 Date of assent: 12th April, 1997 An Act to amend the Mines and Minerals Act [18th April, 1997 ENACTED by the Parliament of Zambia. Enactment Short title 1. (1) This Actmaybecited as the Mines andMinerals (Amend- and ment) Act, 1997. and shall be read as one with the Mines and commence- mcnr Minerals Act. in this Act referred to as the principal Act. Cap. 213 (2) This Act shall come into operation on the 1st April, 1997. 2. The principal Act is amended by the insertion immediately Amendment after section sixty-sixof the following new sections: of section 66 66A. The Zambia Revenue Authority established under g~~~ss:t:­ the zambia Revenue Authority Act. shall be responsible for responsible for carrying. ., _ provisions ofsections sixty-sixto sixty-nine of 3tialties Cap. this Act. 66B. sectlons/orty-fjve,/orty·seven to iorty-ntne.ftfty- Rerums and assessments five to fifty-eight, sixty-three to seventy, seventy-eight, seventy-nine, eighty-seven, ninety-one, ninety-five andninery- eightto one hundred andfifteen ofthc Income Tax Act shall. Cap. 323 with the necessary modification, apply to the collection, assessment. penalisation, enforcement of. and right of appeal with respect to any royalty imposed under section sixty-six of this Act. Single copla of lIlis AClIItII1 be obtained from tile GOIIef7tllfeni P,iIIler, P.O. Box 30136.10100 lAlsalw. Price KSoo.OO each. 26 No.8 of 1997] Mines and Minerals (Amendment) Amendment 3. Section sixty-seven of the principal Act is amended- or section 67 (a) in subsection (I), by the deletion or the words" The Minister may,· ancr consultation with the Minister responsible for finance and the substitution therefor of It, " The Minister responsi blc for finance may, aftc r consul- tation with the Minister It; and (h) in subsection (3) by the deletion of" Minister" and the substitution therefor of " Commissioner-General". " prescribed interest rate" means the rate that ex- ceeds, by two per centum per annum, the pre- vailing official discount rate, as published by the Bank of zambia, that is in force on the twenty-second day of each month; Amendment 4. Section sixty-eight of the principal Act is amended in sub- of section 68 section (1) by the deletion or .. Minister" and the substitution therefor of" Commissioner-General ". Amendment 5. (1) Section sixty-nine of the principal Act is amended in of section 69 subsection(1) by thc deletionof Minister whc TCVCr\l appearsand II II the substitution therefor of" Commissioner-General". (2) For the purposes of sections sixty-six A to sixty-nine of this Act the Commissioner-General .. means the Commissioner- It

General of the Zamhia Revenue Authority Amendment 6. Section eighty-two of the principal Act is amended by the of section 82 deletion of subsection (I) and the substitution therefor of the following: (1) There shall be an Environmental Protection Fund which shall be managed in such manner as the Minister may, by statutory instrument, prescribe. Am~.ndment 7. The principal Act is amended in section nne hundred and of section 108 eight by the deletion of subsection (3) and the substitution therefor of the following: (3) The Mini ster responsi ble for finance may, after consul- tation with the Minister, by statutory instrument. make regulations for the better carrying into effect of sections sixty- six to sixty-nine of this Act