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M-13.1, r. 2 - Mining Regulation
Section 147
Disposition versions
147. The person referred to in any of subparagraphs 2 to 4 of the first paragraph of section 232.1 of the Act whose plan was approved by the Minister before 22 August 2013, must submit the guarantee referred to in section 232.4 of the Act in accordance with the following rules:
(1) the guarantee must be submitted in 3 payments;
(2) the first payment must be submitted not later than 1 year after 22 August 2013;
(3) each subsequent payment must be submitted on the anniversary date of the first payment;
(4) the first payment represents 50% of the total amount of the guarantee and the second and third payments, 25% each.
147. The person referred to in any of subparagraphs 2 to 4 of the first paragraph of section 232.1 of the Act whose plan was approved by the Minister before 22 August 2013, must submit the guarantee referred to in section 111 of the Regulation in accordance with the following rules:
(1) the guarantee must be submitted in 3 payments;
(2) the first payment must be submitted not later than 1 year after 22 August 2013;
(3) each subsequent payment must be submitted on the anniversary date of the first payment;
(4) the first payment represents 50% of the total amount of the guarantee and the second and third payments, 25% each.
147. (Omitted).
