Mineral Royalty Act 1982
4FSecretary may determine certain matters before event
Start here
Get a plain-English read of 4F
Turn the raw legal text into a practical explanation grounded in Mineral Royalty Act 1982.
4F Secretary may determine certain matters before event (1) A person may, in respect of a proposal to: (a) set up a production unit; or (b) change a process; or (c) adopt or change the accounting basis or system or a contractual arrangement,
Part I Preliminary Mineral Royalty Act 1982 22 apply to the Secretary for his or her opinion on the proposal in so far as it relates to the liability for the payment of royalty. (2) The Secretary may consider the proposal (after receiving such additional information as he or she considers necessary) and may give his or her opinion of the proposal to the applicant accordingly. (3) The liability for the payment of royalty by a person who implements a proposal wholly or substantially in conformity with an opinion given under subsection (2) shall be determined by the Secretary in a manner consistent with that opinion.