Mining for Coal and Mineral Oil Acts Amendment Act of 1940 (4 Geo Vi No. 13) (Qld)

MINING. 4 GEO. VI. No. 13, 1940. Mining for Coal, Etc., Act. 17969 An Act to Amend "The Mining for Coal and 4 NGEoO. . 13V. I. M - c r erin t ael . rnalpOaril t· IC A U 1catsr, . 1912 to 1940," in a MM C INI O NE A Rf L : An A LF N OO D RIL ACTS AMENDMENT [ASSENTED TO 13TH NOVEMBER, 1940]. ~ ~ ~ gJl B E itl enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows : - 1. This Act may be cited as " The Mining for Coal Short title and Mineral Oil Acts Amendment Act of 1940," and shall : ~ ! truction. be read las one with *" The Mining for Coal and Mineral Oil Acts, 1912 to 1940," hereinafter referred to as the Principal Act. The Principal Act and this Act may be collectively Collective cited as "The Mining for Coal and Mineral Oil Acts, title. 1912 to 1940." A mendment of the Principal Act. 2. Section twelve of the Principal Act is repealed Repeal of and the ,following new section twelve is inserted in lieu ' : t2~ ew thereof, namely :- "[12.] In addition to the yearly rent, there shall be Royalty. reserved in every lease for mineral oil a royalty at the rate of two pounds per centum of the gross value of all crude oil obtained during the term with the exception that royltlty shall not be payable on the gross value of crude oil obtained during the first twelve months of production." * 3 Geo. V. No. 6 and amending Acts, supra, pages 5675 et seq. ! MOTOR VEHICLES INSURANCE. See INSURANOE.