|
ANNEX B For insertion in the Chamber’s memorandum to the Portfolio Committee on Minerals and Energy on the Mining Titles Registration Bill [B24-2003] at page 36 immediately before the version of s.16 quat set forth there |
16ter. Registration of prospecting rights and exploration rights and other matters relating to such rights. (1) Every prospecting right or exploration right, every cession of the rights and obligations thereunder, and any amendment of the terms and conditions thereof, shall be in the form of a notarial deed describing by reference to a plan the area for which it is granted, and shall be submitted for registration to the Director-General together with the plan and such further originals or copies of the notarial deed and such other deeds and documents as may be prescribed. (2) Whenever any prospecting right or exploration right: (a) has been amended, modified, abandoned or cancelled, such deeds and other documents as may be prescribed shall be submitted to the Director-General who shall register such amendment, modification, abandonment or cancellation; (b) is in any way dealt with as to part only, the part so dealt with shall be depicted on a plan referred to in the relevant deed and which shall be lodged together with such deed when such deed is lodged for registration. |