Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002)SchedulesSchedule II : Transitional Arrangements2. Objects of Schedule |
The objects of this Schedule are in addition to the objects contemplated in section 2 of the Act and are to—
(a) | ensure that security of tenure is protected in respect of prospecting, exploration, mining and production operations which are being undertaken; |
(b) | give the holder of an old order right, and an OP26 right an opportunity to comply with this Act; and |
(c) | promote equitable access to the nation’s mineral and petroleum resources. |