Northern Territory Consolidated Acts

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MINERAL ROYALTY ACT - SECT 9

Royalty

    (1)     There is payable under this Act to the Crown in right of the Territory a royalty in respect of all minerals vested in the Crown in right of the Territory obtained from a production unit in a royalty year.

    (2)     The holders of mining tenements that form part of a production unit are jointly and severally liable for the payment of royalty in respect of the production unit.



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