← belizelaw.ai · Mines And Minerals, Cap. 226 · PART VI — Finances etc.

Prohibition on disposal of minerals

Cap. 226, s. 87 · Revised Edition 2020

If the holder of a mining licence fails to pay any royalty payable by him on or before the due date or any extension thereof allowed by the Minister, the Minister may, by notice to the holder of the mining licence, prohibit the disposal of any mineral from the mining area concerned, or from any other mining area held by that holder, until all outstanding royalty has been paid or until an arrangement acceptable to the Minister has been made for the payment of the royalty, and the holder shall comply with the notice.
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Prohibition on disposal of minerals — Cap. 226 s. 87 · Belize Law