52Savings

52 Savings (1) The law in force immediately before the commencement of this Act relating to the assessment and payment of royalties shall continue to apply to and in relation to a mining tenement exempted under section 3(1) from the operation of this Act until it ceases to be so exempted. (2) Notwithstanding the repeals and amendments effected by the Mineral Royalty Amendment Act 1987, the Mineral Royalty Act 1982 remains in force to the extent necessary to give effect to section 3(5) as if the Mineral Royalty Amendment Act 1987 (other than section 4 of that Act) had never commenced. Part VII Transitional matters for Treasury Legislation and Consequential Amendment Act 2006