Purposes of investigations
120I Purposes of investigations
An investigation may be carried out under this Division for any or all of the following purposes —
to ascertain whether a royalty is payable in relation to a mining operation;
to determine the amount of a royalty payable for a mineral and related matters, including, for example —
the rate at which a royalty is payable; or
the method to be used to value the mineral; or
the price for which the mineral is or may be sold and the way the mineral is priced;
to gather information about —
the storage, transport, processing or marketing of a mineral, or other matters that affect the value of a mineral; or
accounting methods used to calculate or assess the amount of a royalty payable.
A purpose mentioned in subsection (1) is a royalty investigation purpose.
[Section 120I inserted: No. 7 of 2025 s. 11.]
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