sec.31Definitions for part

sec.31 Definitions for part

In this part— average listed price , for a mineral, means a price worked out by averaging the prices listed for the mineral in a recognised listing over a particular period that— is at least 2 consecutive days and not more than 3 consecutive months; and includes the day on which the earliest of the following happened— the mineral was used; the mineral was disposed of; the mineral was delivered under a contract of sale. earlier return period means— in relation to a gross value royalty decision for a mineral—a return period for the mineral that occurs wholly or partly before the revenue commissioner makes the decision under section 38 ; or in relation to an amendment under section 43 of a gross value royalty decision for a mineral—a return period for the mineral that occurs wholly or partly before the revenue commissioner amends the decision under section 43 . gross value , of a mineral— for a mineral that is a market value mineral—see section 33 ; or for a mineral that is not a market value mineral—see section 34 . gross value royalty decision , for a mineral, means a decision made by the revenue commissioner under section 38 (2) in relation to the mineral. listed price , for a mineral, means the price listed for the mineral in a recognised listing at the time the mineral is sold, disposed of or used. market value mineral see section 32 . recognised listing means a list of quoted or published prices of minerals— on a recognised international mineral exchange or market; or London Metal Exchange, London Bullion Market by a price reporting agency recognised for quoting or publishing prices of minerals in an international market. Fastmarkets

• (a) is at least 2 consecutive days and not more than 3 consecutive months; and
• (b) includes the day on which the earliest of the following happened— (i) the mineral was used; (ii) the mineral was disposed of; (iii) the mineral was delivered under a contract of sale.
• (i) the mineral was used;
• (ii) the mineral was disposed of;
• (iii) the mineral was delivered under a contract of sale.
• (i) the mineral was used;
• (ii) the mineral was disposed of;
• (iii) the mineral was delivered under a contract of sale.
• (a) in relation to a gross value royalty decision for a mineral—a return period for the mineral that occurs wholly or partly before the revenue commissioner makes the decision under section 38 ; or
• (b) in relation to an amendment under section 43 of a gross value royalty decision for a mineral—a return period for the mineral that occurs wholly or partly before the revenue commissioner amends the decision under section 43 .
• (a) for a mineral that is a market value mineral—see section 33 ; or