Transcription of MINERALAND PETROLEUM RESOURCES DEVELOPMENT ACT
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MINERALAND PETROLEUM RESOURCES DEVELOPMENT ACT
REPUBLIC OF SOUTH AFRICAMINERAL AND PETROLEUMRESOURCES DEVELOPMENTACTREPABLIKI YA AFRIKA BORWAMOLAO WA TLHABOLLO YAMEHLODI YA DIMINERALE LEPETROLEAMONo, 2002 ACTTo make provision for equitable access to and sustainable DEVELOPMENT of thenation s mineral and PETROLEUM RESOURCES ; and to provide for matters minerals and PETROLEUM are non-renewable natural RESOURCES ;ACKNOWLEDGING that South Africa s mineral and PETROLEUM RESOURCES belong tothe nation and that the State is the custodian thereof;AFFIRMINGthe State s obligation to protect the environment for the benefit of presentand future generations, to ensure ecologically sustainable DEVELOPMENT of mineral andpetroleum RESOURCES and to promote economic and social DEVELOPMENT ;RECOGNISINGthe need to promote local and rural DEVELOPMENT and the socialupliftment of communiti
3. Custodianship of nation’s mineral and petroleum resources 4. Interpretation of Act 5. Legal nature of prospecting right, mining right, exploration right or production right, and rights of holders thereof 6. Principles of administrative justice CHAPTER 3 ADMINISTRATION 7. Division of Republic, territorial waters, continental shelf and exclusive
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