13Records to be kept

13 Records to be kept

13 Records to be kept

The holder of a mining licence must keep records of all minerals recovered under the licence, including the following—

(a) records of the quantity of minerals recovered during each royalty period,

(b) records of the quantity and value of minerals disposed of, whether by sale or otherwise, during each royalty period,

(c) records of the quantity and value of minerals held (in the form in which they are disposed of) by the holder of the licence at the beginning and the end of each royalty period,

(d) records of all royalty that became payable during each royalty period in connection with the disposal of minerals.