MINING REGULATIONS 1981 - REG 85B
MINING REGULATIONS 1981 - REG 85B
85B . Royalty return
(1) The holder of, or
applicant for, a mining tenement shall, on each occasion that he pays
royalties to the Department forward to the Department, within the period
within which the royalties must be paid under regulation 86A, a royalty
return, in a form approved by the Minister, showing in full the details
required to calculate those royalties, including, where relevant, the
following —
(a) the
quantity of the mineral;
(b)
details, including relevant terms and other parties involved, of any sale of
the mineral;
(ba) if
the mineral is sold in a blend —
(i)
the components of the blend and the quantity of each
component; and
(ii)
any other information necessary to calculate the royalty
for each component;
(c) the
value, or royalty value, of the mineral;
(d) the
gross invoice value of the mineral and when it was paid;
(daa)
any allowable deductions for the mineral;
(dab) in
the case of iron ore, any shipping costs;
(da) in
the case of a royalty part‑payment under regulation 86A, the method
of calculating the royalty part‑payment and details of the amount of the
relevant part‑payment of gross invoice value and when it was paid;
(e) in
the case of a mineral other than gold, the rate of royalty used where that
rate is different from the rate set out opposite the mineral in the Table to
regulation 86.
(2) A person who
contravenes subregulation (1) commits an offence.
[(3) deleted]
(4) Subject to the
requirements of the Department’s website and this regulation, a person
may forward to the Department a royalty return required by this regulation by
lodging an electronic version of it by means of the Department’s
website.
[Regulation 85B inserted: Gazette
20 May 1988 p. 1705; amended: Gazette 3 Oct 1997
p. 5530; 14 Dec 2001 p. 6405; 8 Feb 2002
p. 607; 19 Jun 2012 p. 2651; 28 Nov 2014
p. 4416; 6 Oct 2015 p. 3968; SL 2021/43 r. 4;
SL 2023/144 r. 5.]