Northern Territory Consolidated Acts

MINERAL ROYALTY ACT

TABLE OF PROVISIONS

           Long Title

   PART I--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Application  
   4.      Definitions  
   4A.     Interpretation of gross realization  
   4AA.    Conversion of saleable mineral commodity before sale, &c.  
   4B.     Interpretation of operating costs  
   4C.     Interpretation of capital recognition deduction  
   4CA.    Additional deductions  
   4D.     Deduction allowed once only  
   4E.     Guidelines  
   4F.     Secretary may determine certain matters before event  
   4G.     Arrangements purporting to alter incidence of royalty to be void  
   5.      Secretary to determine certain matters  
   6.      Certain allowances and deductions transferable  
   7.      Exploration expenditure certificates  
   8.      Substituted certificates  

   PART II--IMPOSITION AND ASSESSMENT, &C., OF ROYALTY

   9.      Royalty  
   10.     Rate of royalty  
   10A.    Responsible person  
   11.     Information to be supplied  
   12.     Royalty return  
   13.     Appointment of authorized person  
   14.     Inspection of stock and documents  
   15.     Power to require person to answer questions and produce documents  
   16.     Power to examine on oath  
   17.     Proper books to be kept  
   18.     Assessment  
   19.     Default assessment  
   20.     Amendment of assessment  
   21.     Amended assessment to be assessment  
   22.     Notice of assessment  
   23.     Validity of assessment  
   24.     Judicial notice of signature  
   25.     Evidence  

   PART IV--COLLECTION AND RECOVERY OF ROYALTY

   39.     When royalty payable  
   40.     Payment of royalty  
   41.     Extension of time and payment by instalments  
   42.     Interest on unpaid royalty  
   42A.    Penalty royalty  
   42B.    Penalty royalty on default assessment under section 19  
   43.     Secretary may collect royalty from person owing money to royalty payer or operator  
   44.     Cancellation of mining tenement  
   45.     Amounts overpaid  

   PART V--OFFENCES AND PROSECUTIONS

   46.     Failure to furnish returns or information  
   47.     Refusal to give evidence or produce documents  
   49.     False returns or statements  

   PART VI--MISCELLANEOUS

   49AA.   Secretary  
   49A.    Delegation  
   50.     Secrecy  
   51.     Regulations  
   52.     Savings  

   PART VII--TRANSITIONAL MATTERS FOR TREASURY LEGISLATION AND CONSEQUENTIAL AMENDMENT ACT 2006

   53.     Secretary  

   PART VIII--TRANSITIONAL MATTERS FOR REVENUE AND OTHER LEGISLATION AMENDMENT ACT 2010

   54.     Definitions  
   55.     Rate of royalty  
           ENDNOTES