The Mining (Mineral and Gem Houses) (Amendment) Regulations, 2024

These Regulations may be cited as the Mining (Mineral and Gem Houses) (Amendment) Regulations, 2024, and they are to be read together with the principal Regulations.

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Jurisdiction: Tanzania
Instrument: Regulation
Citation: The Mining (Mineral and Gem Houses) (Amendment) Regulations, 2024
Version: Undated source snapshot
Language: en
Official source: View official record ↗

auction participation auctions fees and commissions mineral auctions mining procurement registration regulatory amendment regulatory compliance rule deletion

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These Regulations may be cited as the Mining (Mineral and Gem Houses) (Amendment) Regulations, 2024, and they are to be read together with the principal Regulations. The Commission may engage any person to organise a mineral auction. Sellers and invitees who want to take part in a mineral auction must follow Commission requirements: sellers pay a fee or commission, and invitees must register with the Commission. Viewing minerals must be by pre-arranged appointment with the auction organiser, on a first-come first-served basis. This section amends the principal Regulations by deleting regulation 19.

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Provisions of The Mining (Mineral and Gem Houses) (Amendment) Regulations, 2024

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1
These Regulations may be cited as the Mining
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AI-assisted research summary: These Regulations may be cited as the Mining (Mineral and Gem Houses) (Amendment) Regulations, 2024, and they are to be read together with the principal Regulations.

1. These Regulations may be cited as the Mining (Mineral and Gem Houses) (Amendment) Regulations, 2024 and shall be read as one with the Mining (Mineral and Gem Houses) Regulations, hereinafter referred to as the “principal Regulations”.
2
The principal Regulations are amended in
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AI-assisted research summary: The Commission may engage any person to organise a mineral auction.

2. The principal Regulations are amended in regulation 15, by- (a) adding immediately after subregulation (1) the following: “(2) Without to subregulation (1), the Commission may engage any person to organise a mineral auction.”; and prejudice (b) renumbering subregulation (2) as subregulation (3). Deletion and substitution of regulation 16
3
The principal Regulations are amended by
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AI-assisted research summary: Sellers and invitees who want to take part in a mineral auction must follow Commission requirements: sellers pay a fee or commission, and invitees must register with the Commission.

3. The principal Regulations are amended by deleting regulation 16 and substituting for it the following: (1) Any seller who intends to participate in a mineral auction shall pay a fee of the amount as may be determined by the Commission. “Requirements for participating in auctions (2) A seller who sells minerals at the auction shall pay a commission on minerals sold at the rate which shall, before commencement of such 1 Mining (Mineral and Gem Houses) (Amendment) GN. NO.1078 (Contd.) auction, be determined by Commission. the (3) An invitee who intends to participate in a mineral auction shall register with the Commission.”. Amendment of regulation 17
4
The principal Regulations are amended in
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AI-assisted research summary: Viewing minerals must be by pre-arranged appointment with the auction organiser, on a first-come first-served basis.

4. The principal Regulations are amended in regulation 17 by deleting subregulation (3) and substituting for it the following: “(3) The process of viewing minerals shall be through a pre-arranged appointment with the auction organiser on a first-come first-served basis.”. Deletion of regulation 19 Amendment of regulation 20 Amendment of regulation 22
5
The principal Regulations are amended by
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AI-assisted research summary: This section amends the principal Regulations by deleting regulation 19.

5. The principal Regulations are amended by deleting regulation 19.
6
The principal Regulations are amended in
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AI-assisted research summary: The principal Regulations are amended by deleting subregulation (3) from regulation 20.

6. The principal Regulations are amended in regulation 20 by deleting subregulation (3).
7
The principal Regulations are amended in
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AI-assisted research summary: If the winning bidder does not pay, the Commission must offer the minerals to the second highest bidder.

7. The principal Regulations are amended in regulation 22 by deleting subregulation (3) and substituting for it the following: “(3) Where the winning bidder fails to pay the Commission shall offer the second highest bidder to buy the minerals.”. the minerals won, for Dodoma, 11th December, 2024 ANTHONY PETER MAVUNDE, Minister for Minerals 2

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The Mining (Mineral and Gem Houses) (Amendment) Regulations, 2024

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