The present Regulation is made under the Quartz Mining Act. In particular, the Regulation lays down provisions relating to royalties reserved for the Yukon government as owner of the mineral rights, for permitting extraction of mineral resources. The royalty is paid by a mine operator to the Yukon government. Moreover, the Regulation provides for the mechanism for determining the royalty due on a mine in commercial production. The text consists of 157 sections divided into 16 Parts as follows: Interpretation and general principles (1); Determining the value of the output of a mine (2); Valuation of minerals (3); Deductions (4); Development allowance (5); Depreciation allowance (6); Community and economic development expense allowance (7); Prohibited deductions (8); Changes affecting a mine (9); Co-production apportionment (10); Suspension of production (11); Re-production royalty (12); Notices and returns (13); Administration (14); Miscellaneous (15); Transition (16).
加拿大 · 2010-05-07