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Mining (Prescription of Royalty Rates for Magadi Soda Products) Regulations, 2013 🇰🇪

Kenya

REPUBLIC OF KENYA

Mining Act, 2016

Mining (Prescription of Royalty Rates for Magadi Soda Products) Regulations, 2013

Legislative Instrument 221 of 2013

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IN EXERCISE of the powers conferred by section 92 (1) (xviii) of the Mining Act, the Cabinet Secretary for Mining makes the following Regulations—1. These regulations may be cited as the Mining (Prescription of Royalty Rates for Magadi Soda Products) Regulations, 2013.2. The royalty rates payable for Magadi Soda Products (Soda Ash, Salt and Crushed Refined Soda) with effect from the 1st July, 2013 shall be as follows;From 1st July, 2013 to 30th June, 2015 - 2% of gross sales value;From 1st July, 2015 to 30th June, 2017 - 3% of gross sales value;From 1st July, 2017 to 30th June, 2019 - 4% of gross sales value;From 1st July, 2019 and thereaf…

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