Nauru Seabed Minerals Authority Act 2024 (No. 13 of 2024 ).

This document outlines the framework for Nauru's seabed mineral activities, including establishing the Nauru Seabed Minerals Authority and its governance structure. It defines the roles and responsibilities of various entities involved, including the Authority's board, CEO, and staff, and details the processes for sponsorship applications, obligations of sponsored parties, and the responsibilities of Nauru as a sponsoring state. It covers the legal, fiscal, and regulatory aspects of seabed mineral activities, addressing issues such as dispute resolution, confidentiality, termination of sponsorship, and penalties for offenses. The Act also emphasizes compliance with international regulations, particularly those set by the International Seabed Authority (ISA).