Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002)

Schedules

Schedule II : Transitional Arrangements

2. Objects of Schedule

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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.