Law Amending the Myanmar Mines Law.

This Law, consisting of 35 Sections, is enacted to amend the Myanmar Mines Law.
Section 6 of the Mines Law shall be substituted as follows: “6. A citizen or an organization desirous of carrying out the operation of prospecting, exploration, small scale production or subsistence production, processing or selling and purchasing relating to metallic mineral, industrial mineral or stone with citizen investment, enable to be carried out by the Region or State in accord with rules issued under this Law, shall apply to the Work Site Scrutiny and Allocation Body of the relevant Region or State formed and assigned with the approval of the Union Government in accord with the stipulations to obtain a permit.” After Section 35 of the Mines Law, Section 35 A shall be inserted as follows: “35 A. The Ministry shall carry out by the percentage sharing system including the environmental impact assessment costs on the production, or sharing system on the interest, or profit sharing system based on the both contribution for carrying out the joint ventures or common interest business with the entrepreneur who obtained a permit relating to the production of mineral.” In addition, the amendments are made onthe provisions for royalties, offences and panalties, etc.