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Regulator’s Update – December

In this issue of the Regulator’s Update: Crown Minerals Amendment Bill introduced, give your feedback to help with minerals permit application processing, make Annual Summary Reports easy in 2023, new enforcement tools and how they’ll be used, and more.

Crown Minerals Amendment Bill introduced

The Government has introduced a Bill to better align the Crown Minerals Act 1991 (CMA) with wider Government policy objectives.

Submissions on the Bill are open now and close on 23 January 2023.

Upcoming changes to royalty rates

To maintain the value of the return to the Crown from the extraction of Crown owned minerals, royalty rates listed in the Minerals Programme for Minerals (excluding Petroleum) 2008 will be increasing.