Minerals Development Act, 1979 (No. 17 of 1979).
Country
Type of law
Legislation
Abstract
This Act amends the Minerals Development Acts, 1940 and 1960 with respect to a variety of matters relating to the development, management and control of the mineral resources. Matters here regulate include: (a) membership of the Mining Board; (b) regulation-making powers of the Minister; (c) the exclusive right of working minerals vested in the Minister and relating exceptions; (d) registration of excepted minerals with the Mining Board; (e) the granting of licences to work State minerals and relative leases; (f) procedures relative to the working of State minerals; and (g) procedures relating to compensation payable under the Act.
Attached files
Web site
Long title of text
An Act to make better provision for the development, management and control of the mineral resources of the state and for regulating in accordance with the principles of social justice the exercise of private rights in respect of minerals with a view to reconciling their exercise with the exigencies of the common good and for that purpose to provide for vesting in the Minister for Industry, Commerce and Energy the exclusive right of working, selling or otherwise disposing of minerals which are not in course of development, subject to payment of fair compensation, to provide for the development of such minerals whether by the minister or under lease or licence, to amend the Minerals Development Acts, 1940 And 1960, and to provide for other related matters.
Date of text
Repealed
No
Source language
English
Legislation Amendment
No