Nunavut Mining Regulations
Marginal note:Requirements for transfer of recorded claim or lease
66 (1) The transfer of a recorded claim or a lease of a recorded claim or an interest in either of them may be recorded only if
(a) the transfer is made to a licensee;
(b) if the transfer is of a recorded claim, a request for recording of the transfer is made by the claim holder in the prescribed form to the Mining Recorder and is signed by the claim holder and the transferee;
(c) if the transfer is of a lease,
(i) a request for recording of the transfer is made by the lessee in writing to the Mining Recorder and is signed by the lessee and the transferee, and
(ii) the rent and any interest on it is paid;
(d) the applicable fee set out in Schedule 1 is paid to the Mining Recorder.
Marginal note:Transfer of lease includes claims
(2) The transfer of a lease includes the transfer of the recorded claims to which the lease applies.
Marginal note:Condition on transfer within mining property
(3) The transfer of a lease or a recorded claim either of which is part of a mining property may be recorded only if security in the amount of any unpaid royalties in relation to the mining property has been deposited with the Minister.
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