178
In forceDiscovery etc. of mineral does not vest property
Chapter 4Exploration permits
Part 4Other provisions about exploration permits
178 Discovery etc. of mineral does not vest property
A person who whilst acting under the authority of an exploration permit discovers or takes any mineral does not thereby acquire property therein and shall not dispose of any such mineral except with the consent of the Minister whose consent may be subject to such terms and conditions as the Minister thinks fit (including prescribed conditions as to the payment of royalties).
Regulations
This provision refers to the regulations (prescribed conditions
). Made under this Act:
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