Crown Minerals (Permitting and Crown Land) Bill
This Bill had its first reading on 26 September 2012 and aims to promote prospecting, exploration, and mining of Crown owned minerals for the benefit of New Zealand.
The prospect of reforming the Crown Minerals Act 1991 (Act) was first raised in the Petroleum Action Plan released by the Government in November 2009. This Bill seeks to deliver on one of the key initiatives set out in the Action Plan intended to facilitate resources-led economic development.
This bill is an omnibus bill and amends the Act, the Conservation Act 1987, the Continental Shelf Act 1964, the Reserves Act 1977, and the Wildlife Act 1953.
The Commerce Committee is due to report back on 30 January 2013.
Read Bell Gully's energy update entitled 'Crown Minerals Act reform is here' by clicking here
Draft Minerals Programme for Petroleum and draft Minerals Programme for Minerals (excluding Petroleum)
As part of the review of the Crown Minerals Act 1991 regime, the Ministry of Business, Innovation and Employment has published a draft Minerals Programme for Petroleum and draft Minerals Programme for Minerals (excluding Petroleum). The purpose of the Minerals Programme is to set out how the Minister will interpret and apply the provisions of the Crown Minerals Act 1991. Decision-makers must act in accordance with this Programme when performing a duty or exercising a power under the Act. See: http://www.med.govt.nz/sectors-industries/natural-resources/oil-and-gas/review-of-the-crown-minerals-act-regime/consultation-on-proposed-changes/consultation-draft-minerals-programmes
The draft Minerals Programme has been prepared in anticipation of the proposed amendments to the Crown Minerals Act 1991, as set out in the Crown Minerals (Permitting and Crown Land) Bill. It also reflects amendments likely to be proposed to the Crown Minerals (Petroleum) Regulations 2007.
Submissions close on 5 December.