✨ Mineral Royalty Rates
NEW ZEALAND GAZETTE, No. 28 — 31 MARCH 2016
2016-go1696
Crown Minerals (Royalties for Minerals Other than Petroleum) Royalty Rate Notice 2016
This notice is issued pursuant to Regulation 15 of the Crown Minerals (Royalties for Minerals Other than Petroleum) Regulations 2013 and states the royalties for minerals as calculated in accordance with Regulation 15(1) of the Crown Minerals (Royalties for Minerals Other than Petroleum) Regulations 2013 for the reporting period 1 January 2016 to 31 December 2016.
Notice
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Title—This notice is the Crown Minerals (Royalties for Minerals Other than Petroleum) Royalty Rate Notice 2016.
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Application and Commencement—This notice applies to a holder of a Tier 2 exploration or mining permit to which the Crown Minerals (Royalties for Minerals Other than Petroleum) Regulations 2013 apply, for minerals for the 2016 reporting period.
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Interpretation—(1) In this notice, unless the context requires otherwise:
2016 reporting period means the period 1 January 2016 to 31 December 2016.
minerals means the minerals obtained under a Tier 2 exploration or mining permit for minerals that are listed in column 1 of the table in clause 5 of this notice.
(2) Words used but not defined in this notice have the same meaning as words defined in the Crown Minerals Act 1991.
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Adjusted Royalty Rates—The adjusted royalty rates for the 2016 reporting period are the rates listed in column 3 of the table in clause 5 of this notice.
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Table of Royalty Rates
| Mineral | Prior rate of royalty per tonne sold ($) | Adjusted rate of royalty per tonne sold ($) | Adjustment in rate of royalty per tonne sold ($) |
|---|---|---|---|
| Aggregate and construction materials (including rock, sand, and gravel for roading, building, fill reclamation, and protection purposes) | 0.11 | 0.11 | 0.00 |
| Bentonite | 0.90 | 0.89 | -0.01 |
| Clay for brick and tiles | 0.11 | 0.11 | 0.00 |
| Clay for pottery | 0.33 | 0.33 | 0.00 |
| Decorative/dimension building stone | 1.68 | 1.66 | -0.02 |
| Decorative pebbles | 0.33 | 0.33 | 0.00 |
| Diatomite | 1.68 | 1.66 | -0.02 |
| Dolomite | 0.23 | 0.22 | -0.01 |
| Limestone for agriculture, cement, and industry | 0.23 | 0.22 | -0.01 |
| Marl | 0.11 | 0.11 | 0.00 |
| Perlite | 0.33 | 0.33 | 0.00 |
| Pumice | 0.11 | 0.11 | 0.00 |
| Serpentinite | 0.33 | 0.33 | 0.00 |
| Silica sand for industry | 0.33 | 0.33 | 0.00 |
| Zeolite | 1.68 | 1.66 | -0.02 |
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NZ Gazette 2016, No 28
✨ LLM interpretation of page content
🌾 Crown Minerals (Royalties for Minerals Other than Petroleum) Royalty Rate Notice 2016
🌾 Primary Industries & ResourcesMineral royalties, Crown Minerals Act 1991, Tier 2 permits, Royalty rates