M-13.1 - Mining Act

Full text
181. (Repealed).
1987, c. 64, s. 181; 2012, c. 11, s. 33; 2016, c. 352016, c. 35, s. 23.
181. Any amount disbursed to perform work in excess of the prescribed requirements may be applied to subsequent years of the term of a licence provided a detailed statement of the amounts disbursed, certified by a chartered professional accountant auditor, is furnished by the licensee to the Minister within six months after the end of the year in which the work is performed.
The excess is also applicable, at half-value, to any renewed term of the licence.
1987, c. 64, s. 181; 2012, c. 11, s. 33.
181. Any amount disbursed to perform work in excess of the prescribed requirements may be applied to subsequent years of the term of a licence provided a detailed statement of the amounts disbursed, certified by a chartered accountant, is furnished by the licensee to the Minister within six months after the end of the year in which the work is performed.
The excess is also applicable, at half-value, to any renewed term of the licence.
1987, c. 64, s. 181.