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Revised draft “Minerals Programme for Minerals (Excluding Petroleum) 2008”
25 January 2008 - The revised draft “Minerals Programme for Minerals (Excluding Petroleum) 2008”, and the Chief Executive’s report to the Associate Minister of Energy on the submissions received and recommendations, can now be viewed via the links below. The revised draft is to be publicly notified on Saturday, 26 January 2008, in major national newspapers.
The revised draft sets out the proposed policies, procedures, and provisions for the management of Crown owned mineral and coal resources in New Zealand. The revised draft takes into consideration matters raised in public submissions after notification in December 2005 of the “Draft Crown Minerals (Minerals and Coal) Minerals Programme 2006”. Note that the title of the programme has been changed from that originally notified.
Significant changes contained in the revised draft are as follows:
- the royalty regime for coal has been changed to a specific rate royalty;
- ore reserve terminology has been more appropriately defined; and
- the Titi (Muttonbird) Islands and Te Waikaoropupu (Pupu) Springs are defined as land unavailable for permit allocation.
It is intended that the revised draft will shortly be issued by Order in Council as the “Minerals Programme for Minerals (Excluding Petroleum) 2008”, replacing the current programmes; “Minerals Programme for Minerals other than coal and petroleum 1996” and “Minerals Programme for Coal 1996” in accordance with section 20 of the Act.
View Revised Draft Minerals Programme for Minerals [2.6 MB PDF]
View Revised Draft Minerals Programme for Minerals submission document [1.4 MB PDF]
