31
In forceFee
Part 5Exploration licence
31 Fee
(1)
The holder of an exploration licence shall pay to the Minister, annually and in advance, such fee as may be prescribed.
(1a)
A regulation made for the purposes of subsection (1) may—
(a)
fix various methods for the calculation of a fee (including according to the total area of land in respect of which an exploration licence is granted);
(b)
fix differential fees on a basis prescribed by the regulations.
(2)
The Minister may reduce, remit or refund a fee under this section if, in his opinion, it is necessary or expedient so to do.
(3)
The liability to pay a fee under this section is a debt due to the
Crown.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.