Consequences of failure to pay royalty penalty
120Q Consequences of failure to pay royalty penalty
This section applies if the Minister gives a royalty payer a notice under section 120P(4) that states the royalty payer is liable to pay an amount by a specified day and the royalty payer fails to pay the amount as required.
The royalty payer’s failure to pay the amount is taken to be —
in the case of a mining tenement — a breach of a covenant under the mining tenement for the royalty payer to pay royalty in respect of the tenement that is sufficient grounds for the tenement to be forfeited; or
in the case of an application for a mining tenement — reasonable grounds in the public interest that the application should not be granted for the purposes of section 111A.
[Section 120Q inserted: No. 7 of 2025 s. 11.]
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