Mining Act 1978

In this section —

a person registered, or taken to be registered, as an auditor under the Corporations Act Part 9.2; or

otherwise, a person approved as an independent assessor by the Minister under subsection (5).

This section applies if the Minister gives a royalty payer notice that the Minister considers it is necessary to verify the amount of a royalty payable for a specified period.

The Minister may accept the certificate of an independent assessor that the royalty appears to have been properly assessed and calculated for the specified period.

The certificate must —

be signed by an independent assessor; and

state the amount of the royalty paid or payable; and

set out sufficient information about how the amount was assessed and calculated to enable the assessment and calculation to be verified; and

be prepared at the cost of the royalty payer.

The Minister may approve a person as an independent assessor if the Minister is satisfied the person is suitably qualified or experienced to provide a certificate under this section.