Mineral and Petroleum Resources Royalty (Administration) Act, 2008 (Act No. 29 of 2008)Part II : Registration2. Registration |
(1) | A person qualifies for registration in terms of this Act if that person— |
(a) | holds a prospecting right, retention permit, exploration right, mining right, mining permit or production right granted pursuant to the Mineral and Petroleum Resources Development Act or a lease or sublease mentioned in section 11 of the Mineral and Petroleum Resources Development Act in respect of such a right; |
(b) | wins or recovers a mineral resource from within the Republic; or |
(c) | elects to register for the purposes of this Act. |
(2) | A person that qualifies for registration as mentioned in subsection (1)— |
(a) | on 1 November 2009— |
(i) | may apply to register with the Commissioner on or after 1 November 2009; and |
(ii) | must apply to register with the Commissioner by 28 February, 2010; or |
(b) | after 1 November 2009 must apply to register with the Commissioner within 60 days after the day on which that person qualifies for registration. |
(3) | The Commissioner must register a person that qualifies for registration and that registration takes effect from the beginning of the year of assessment during which the person qualifies for registration. |