Mining (Banaba Island Phosphate Re—mining Agreement) (Repeal) Act 2009 (Act No. 4 of 2009)

Meta Data

Draft:

Revision of previous policy?:

Draft Year:

2009

Effective Start Year:

2009

Scope:

National

Document Type:

Act

Economic Sector:

Energy

Energy Types:

Coal

Issued by:

Maneaba ni Maungatabu - Government of Kiribati

Source:

Paclii

File:

Mining Act 2009

Overall Summary:

The Mining Act 2009 is "an Act to repeal the Mining (Banaba Island Phospate Re-Mining Agreeement) Act 1988". The Act was passed to give effect to an agreement with an Australian company, Roche Bros Pty Ltd, which had hoped to undertake secondary mining on Banaba. Following a feasibility study undertaken by Roche Bros in 1989, the proposal was considered commercially unviable and the agreement lapsed, rendering the legislation no longer necessary.

Full Document Text

REPUBLIC OF KIRIBATI

(No. 4 of 2009)

I assent,

Beretitenti Assented: 7th December 2009

AN ACT TO REPEAL THE MINING (BANABA ISLAND

PHOSPHATE RE-MINING AGREEMENT) ACT 1988

Commencement:

2009

MADE by the Maneaba ni Maungatabu and assented to by the Beretitenti

1. Short title

This Act may be cited as the Mining (Banaba Island Phosphate Re—mining Agreement) (Repeal) Act 2009.

2. Repeal of the Mining (Banaba Island Phosphate Re—mining Agreement) Act 1988

The Mining (Banaba Island Phosphate Re—mining Agreement) Act 1988 is repealed.

MINING (BANABA ISLAND PHOSPHATE RE-MINING AGREEMENT) (REPEAL) ACT 2009

EXPLANATORY MEMORANDUM

Section 2 of this short Act repeals the Mining (Banaba Island Phosphate Re-mining Agreement) Act 1988. The Act was passed to give effect to an agreement with an Australian company, Roche Bros Pty Ltd, which had hoped to undertake secondary mining on Banaba. Following a feasibility study undertaken by Roche Bros in 1989, the proposal was considered commercially unviable and the agreement lapsed, rendering the legislation no longer necessary.

Titabu Tabane

Attorney General

13 March 2009