Regulation BEFORE self-repealed by s. 3, effective December 31, 2022.
| B.C. Reg. 31/2022 Chief Gold Commissioner | Deposited February 16, 2022 |
Mineral Tenure Act
Mineral Land Reserve (Relief from Obligations) Regulation No. 2
Definitions
1 In this regulation:
"Act" means the Mineral Tenure Act;
"land" includes foreshore and land covered by water;
"site number" means the site number given in the registry to a particular area of land shown on an electronic map in the registry.
Temporary relief from mineral reserve payment obligations
2 A mineral reserve is established over the area of land identified by site number 1006949 and site name New Prosperity Mineral Titles No. 2 to relieve the recorded holder from the following obligations from January 1, 2022 until December 31, 2022:
(a) the obligations under section 29 of the Act to, in order to hold a claim from year to year,
(i) do exploration and development and register a statement of the exploration and development, or make payments instead of exploration and development, and
(ii) register a revised expiry date;
(b) the obligation under section 50 of the Act to pay the prescribed annual rental.
[Provisions relevant to the enactment of this regulation: Mineral Tenure Act, R.S.B.C. 1996, c. 292, s. 22.]