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NTAct
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s 9

Royalty

In force
Part IIImposition and assessment, &c., of royalty

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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