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Minerals and Mining (Amendment) Act, 2015 πŸ‡¬πŸ‡­

Ghana

Table of Contents

Coat of Arms
Republic of Ghana


The nine hundredth

Act

of the parliament of the republic of ghana
entitled

Minerals and Mining (Amendment) Act, 2015

  • Published by Government Gazette on 24 December 2015
  • Assented to on 16 December 2015
  • Commenced on 24 December 2015
AN ACT to amend the Minerals and Mining Act, 2006 (Act 703) to provide for Regulations to be made to prescribe the manner for the payment of royalties; the confiscation of equipment used in illegal small scale mining and for related matters.PASSED by Parliament and assented to by the President:

1. Section 25 of Act 703 amended

The Minerals and Mining Act, 2006 (Act 703), referred to in this Act as the principal enactment, is amended by the substitution for section 25 of"25. RoyaltiesA holder of a mining lease, restricted mining lease or small scale mining lease shall, in respect of minerals obtained from its mining operations, pay royalty to the Republic at the rate and in the manner that may be prescribed. "

2. Section 99 of Act 703 amended

The princi…

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