M-13.1, r. 2 - Mining Regulation

Section 112 Disposition versions

2013-08-22

112. The person referred to in subparagraph 1 of the first paragraph of section 232.1 of the Act must provide the Minister with the guarantee required under section 232.4 of the Act before the beginning of exploration work.

O.C. 1042-2000, s. 112; O.C. 838-2013, s. 2.

2012-09-01

112. Taking into account any amount already paid pursuant to section 232.5 of the Act, a person referred to in subparagraph 1 of the first paragraph of section 232.1 of the Act shall submit to the Minister, in accordance with the following rules, the guarantee determined under section 111:

(1)  where the exploration work is expected to last 1 year or less, the total guarantee shall be submitted within 15 days following receipt of approval of the rehabilitation and restoration plan;

(2)  where the exploration work is expected to last more than 1 year, the guarantee shall be submitted in annual payments:

(a)  the first annual payment shall be made within 15 days following receipt of approval of the rehabilitation and restoration plan, and shall correspond to the anticipated cost of the rehabilitation and restoration work required under the plan in respect of activities that have already been carried out or that will be carried out during the year;

(b)  each subsequent annual payment shall be made on the anniversary of the date of approval of the plan and shall correspond to the anticipated cost of the rehabilitation and restoration work required under the plan in respect of activities that will be carried out during the year.

O.C. 1042-2000, s. 112.