Acts and Regulations

M-14.1 - Mining Act

Full text
Negotiation of security
112(1)Where an order is made by the Board under subsection 13(8) and the Recorder receives a certificate of non-payment in the form specified by the Minister to the effect that subsection 113(9) has not been complied with, and the security provided is negotiable, the Recorder shall negotiate the security and satisfy from the proceeds the amount ordered to be paid.
112(2)Where security is negotiated under this section the prospector, holder of the mineral claim or mining lease or operator of the mine shall deposit new security in accordance with section 111.
2009, c.35, s.68; 2023, c.6, s.2
Negotiation of security
112(1)Where an order is made by the Mining Commissioner under subsection 13(8) and the Recorder receives a certificate of non-payment in the form specified by the Minister to the effect that subsection 113(9) has not been complied with, and the security provided is negotiable, the Recorder shall negotiate the security and satisfy from the proceeds the amount ordered to be paid.
112(2)Where security is negotiated under this section the prospector, holder of the mineral claim or mining lease or operator of the mine shall deposit new security in accordance with section 111.
2009, c.35, s.68
Negotiation of security
112(1)Where an order is made by the Mining Commissioner under subsection 13(8) and the Recorder receives a certificate of non-payment in the form prescribed by regulation to the effect that subsection 113(9) has not been complied with, and the security provided is negotiable, the Recorder shall negotiate the security and satisfy from the proceeds the amount ordered to be paid.
112(2)Where security is negotiated under this section the prospector, holder of the mineral claim or mining lease or operator of the mine shall deposit new security in accordance with section 111.