This
contains UNCERTIFIED COPY for information/reference. For authentic
copy,
please refer to certified copy only. In case of any mistake,
please bring it to our notice.
| LegalB's Resources |
South
Africa
NATIONAL LEGISLATION OVERVIEWS
NATIONAL LEGISLATION OVERVIEWS
Mineral and Petroleum Resources
Royalty Act, No. 28 of 2008
NOTE: Assented to and published in English, with alternative copy in Northern Sotho, except iro notice of assent date in English
Long title
To impose a royalty on the transfer of mineral resources and to provide for matters connected therewith.
Table of contents
Legislation Text Access Point
NOTE: Assented to and published in English, with alternative copy in Northern Sotho, except iro notice of assent date in English
Long title
To impose a royalty on the transfer of mineral resources and to provide for matters connected therewith.
Table of contents
| SECTION | TITLE |
| ARRANGEMENT OF SECTIONS | |
| 1. | Definitions |
| 2. | Imposition
of royalty |
| 3. | Determination
of royalty |
| 4. | Royalty
formulae |
| 5. | Earnings
before interest and taxes |
| 6. | Gross
sales |
| 6A. | Application
of Schedule 2 [...inserted
by Act 2010_007_134_20101102] |
| 7. | Small
business exemption |
| 8. | Exemption
for sampling |
| 8A. | Rollover relief for transfers between extractors [...inserted by Act 2010_007_135_20101102] [...Title amended by Act 2011_024_150_20110110 - was entitled "Exemption for domestic refining"] |
| 9. | Rollover
relief for disposals involving going concerns |
| 10. | Transfer
involving body of unincorporated persons |
| 11. | Arm's
length transactions |
| 12. | General
anti-avoidance rule |
| 13. | Conclusion of fiscal stability agreements |
| 14. | Terms
and conditions of fiscal stability agreements |
| 15. | Foreign
currency |
| 16. | Transitional
credits |
| 17. | Act
binding on State and application of other laws |
| 18. | Short
title and commencement |
| Sch. | MINERAL AND PETROLEUM ROYALTY ACT, 2008 [s1; s5; s6] |
|
SCHEDULE
1. REFINED
CONDITION
OF MINERAL RESOURCES [s1;
s5;
s6]
|
|
|
SCHEDULE
2. UNREFINED
CONDITION OF
MINERAL RESOURCES
[s1;
s5; s6]
|
Legislation Text Access Point
| Versions [To check whether a version has commenced, and how it was commenced, please see the Timeline for the Act, and the Annotated Text for the version.] |
Access Official Gazette PDF | Request Subscription Fee | Subscriber Access |
| As unamended Act 2008_028_000_20081124 | EXT.LINK (LB full copy on request) | REQ.INFO | LINK |
| As amended by Act 2009_017_000_20090930 . | N/A | REQ.INFO | LINK |
| As amended by Act 2010_007_000_20101102 . | N/A | REQ.INFO | LINK |
| As amended by Act 2011_024_000_20120110 . | N/A | REQ.INFO | LINK |
| As amended by Act 2013_031_000_20131212 . | N/A | REQ.INFO | LINK |
| As amended by Act 2013_039_000_20140116 . | N/A | REQ.INFO | LINK |
| As amended by Act 2016_015_000_20170119 . | N/A | REQ.INFO | LINK |
| As amended by Act 2018_023_000_20190117 . | N/A | REQ.INFO | LINK |
| As amended by Act 2023_017_000_202312322 . | N/A | REQ.INFO | LINK |
| As amended by ... | N/A | REQ.INFO | LINK |
* LegalB refers to a "version" of an Act or its sections in the format "YYYY_NNN_SSS_YYYYMMDD", which refers to "YEAR OF ACT_ACT NUMBER_SECTION OF ACT_DATE OF GAZETTE", and where "DATE OF GAZETTE" refers to the "YEAR_MONTH_DAY" on the face of the Gazette in which either the Act was originally published or in which the amending, lapsing or repealing instrument was published. Where any segment of the reference string contains only zeros, it means that information is not relevant, not made available, or unavailable.
* Unbolded grey text in square brackets is additional information provided by LegalB.
* "..." indicates further information not provided by LegalB for purpose of brevity
* An Asterisk indicates uncertainty regarding information, and a double asterisk indicates information must be read in the light of our relevant Commentary.