Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“This provision amends the principal Act by adding references to mineral processing operations and mineral processing licences.”
This provision amends the principal Act by adding references to mineral processing operations and mineral processing licences. Section 7(2) is amended to add a new category: an individual or company whose operations consist solely of mineral processing. This provision amends section 8 of the principal Act to add reference to mineral processing licences. This section amends the principal Act to define “development agreement” and allow such agreements to set terms binding on the Government for large-scale mining licences, but not for fiscal matters. This section amends the principal Act by inserting “or mineral processing licence” after “right” in section 11 and by adding “AND MINERAL PROCESSING LICENCES” to the Part II heading after “RIGHTS”.
02
How the instrument operates
- 01
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- 02
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- 03
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- 04
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03
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This provision amends the principal Act by adding references to mineral processing operations and mineral processing licences.
Section 3
A mineral processing licence holder must start operations within the required time, notify the Minister of mineral recoveries within 30 days, and spend at least the amount required by the licence; any spending gap must be explained.
Section 28F
Mining licence holders must pay royalty to the Government at the listed rates, and certain pre-2007 development-agreement companies must renegotiate their royalty rate.
Section 66
Section 85 is amended to add the words “or mineral processing licence” after “right”.
Section 25
The Fifth Schedule is amended to add references to a mineral processing licence and mineral processing operations.
Section 35
04
Source and current-law status
Source record view
Source record from zambialii.org · Undated source snapshot
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