Mining Amendment Regulations (No. 3) 2020 (WA)
| 812 | GOVERNMENT GAZETTE, WA | 27 March 2020 |
MINERALS AND PETROLEUM
MP301
Mining Act 1978
Mining Amendment Regulations (No. 3) 2020
SL 2020/25
Made by the Governor in Executive Council.
1. Citation
These regulations are the Mining Amendment Regulations
(No. 3) 2020.2. Commencement
These regulations come into operation as follows —
(a) regulations 1 and 2 — on the day on which these regulations are published in the Gazette;
(b) the rest of the regulations — on the day after that day. 3. Regulations amended
These regulations amend the Mining Regulations 1981.
4. Regulation 86 amended
In regulation 86 in the Table item relating to Lithium delete
“Minerals” and insert:
(concentrate)
5. Regulation 86AE inserted
After regulation 86AD insert:
86AE. Rates of royalty for lithium: feedstock and sales to
related parties(1) For the purposes of calculating royalty payable on
lithium concentrate under regulation 86, the royalty
value is worked out using the method determined undersubregulation (2) in the following circumstances —
(a)
the sale of the concentrate is to a related corporation;
27 March 2020 GOVERNMENT GAZETTE, WA 813
(b)
the concentrate is not sold but is used as feedstock in the production of lithium hydroxide or lithium carbonate.
(2) The Minister may from time to time determine a
method for working out the royalty value of lithium
concentrate that takes into account prices obtained for
lithium concentrate of the same or a similar grade to
the lithium concentrate concerned.(3) In the case of lithium concentrate used as described in
subregulation (1)(b), regulation 86A(2) has effect as if
the reference to the quarter in which the mineral was
produced or obtained were a reference to the quarter in
which the lithium concentrate was used.6. Regulation 86A amended
In regulation 86A(2) delete “regulation,” and insert:
regulation and regulation 86AE(3),
N. HAGLEY, Clerk of the Executive Council.
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