New South Wales Repealed Regulations New South Wales Repealed RegulationsThis legislation has been repealed.
(1) For the purposes of section 283 (1) (a) of the Act:(a) the base rate of royalty payable in respect of a mineral specified in Schedule 5 is the rate per tonne so specified of the quantity of mineral recovered, and(b) the base rate of royalty payable in respect of any other mineral is 4 per cent of the value of mineral recovered.
(2) For the purposes of section 283 (1) (b) of the Act, the additional rate of royalty payable in respect of coal recovered pursuant to a lease that contains a condition requiring the payment of additional royalty in accordance with this clause is 50 cents per tonne.
(3) For the purposes of section 283 (4) of the Act, the quantity of minerals (other than coal) recovered during any particular period is to be calculated in accordance with the following formula:
(4) For the purposes of section 283 (4) of the Act, the quantity of coal recovered during any particular period is the quantity of coal disposed of by the holder of the mining lease during that period, as determined by the Minister on the basis of the records kept by the holder of the mining lease.
(5) In calculating the quantity of coal disposed of, the residual quantity of any water used in the mining or washing of the coal (as determined in accordance with guidelines issued by the Director-General) is to be disregarded.
