AustLII Tasmanian Numbered Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

MINERAL RESOURCES REGULATIONS 2006 (S.R. 2006, NO. 58) - REG 9

Rebate on royalty payable

(1)  For the purpose of section 102A(2) of the Act, a rebate on royalty payable is 20% for a metal, other than gold dore, produced in Tasmania from a mineral mined in Tasmania.
(2)  Subregulation (1) does not apply to the primary treatment of a mineral to produce a mineral concentrate for sale or transportation.
(3)  For the purpose of section 102A(2) of the Act, a rebate on royalty payable is 10% for gold dore produced in Tasmania from a mineral mined in Tasmania.
(4)  The Minister, after consultation with the Treasurer, may increase a rebate under subregulation (3) to 20% having regard to the following:
(a) the size of a new investment and additional employment arising from the production of gold dore;
(b) any benefit to the Tasmanian economy from the new investment producing gold dore.



[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]