Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002)Chapter 4 : Mineral and Environmental Regulation12. Assistance to historically disadvantaged persons |
| (1) | The Minister may facilitate assistance to any historically disadvantaged person to conduct prospecting or mining operations. |
| (2) | The assistance referred to in subsection (1) may be provided subject to such terms and conditions as the Minister may determine. |
| (3) | Before facilitating the assistance contemplated in subsection (1), the Minister must take into account all relevant factors, including— |
| (a) | the need to promote equitable access to the nation’s mineral resources; |
| (b) | the financial position of the applicant; |
| (c) | the need to transform the ownership structure of the minerals and mining industry; and |
| (d) | the extent to which the proposed prospecting or mining project meets the objects referred to in section 2(c), (d), (e), (f) and (i). |
| (4) | When considering the assistance referred to in subsection (1), the Minister may request any relevant organ of State to assist the applicant concerned in the development of his or her prospecting or mining project. |
