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Mining (Ok Tedi Seventh Supplemental Agreement) Act 1986

Chapter 363G.

Mining (Ok Tedi Seventh Supplemental Agreement) Act 1986.
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INDEPENDENT STATE OF PAPUA NEW GUINEA.

Chapter 363G.

Mining (Ok Tedi Seventh Supplemental Agreement) Act 1986.

ARRANGEMENT OF SECTIONS.

INDEPENDENT STATE OF PAPUA NEW GUINEA.

AN ACT

entitled

Mining (Ok Tedi Seventh Supplemental Agreement) Act 1986,

Being an Act to provide for the approval and implementation of a Seventh Supplemental Agreement relating to the development of certain mineral deposits in the Ok Tedi region of the Western Province.

1. INTERPRETATION.

In this Act, “the Seventh Supplemental Agreement” means the supplemental agreement a copy of which is set out in Schedule 1.

2. APPROVAL OF AGREEMENT.

The Seventh Supplemental Agreement is approved and has effect according to its tenor.

3. EFFECT IN RELATION TO LAWS OF PAPUA NEW GUINEA.

The Seventh Supplemental Agreement has the force of law for the full term provided for therein as if contained in this Act and shall apply notwithstanding anything to the contrary in any other law in force in the country.

4. ANCILLARY POWERS OF MINISTER.

Notwithstanding anything in any other law in force in the country at any time (whether before or after the commencement of this Act), the Minister has power, on behalf of the State, to make all grants, issues, renewals and extensions required by or under the Seventh Supplemental Agreement to be made by the State, and is not bound in that regard by any provisions of any such law requiring or permitting any authority, consent, approval, report, recommendation, appeal, procedure or formality, or by any similar provision.

SCHEDULE 1

SEVENTH SUPPLEMENTAL AGREEMENT

Office of Legislative Counsel, PNG