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Nunavut Mining Regulations

Version of section 66 from 2021-01-30 to 2024-05-28:


Marginal note:Requirements

  •  (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) in the case of the transfer of a recorded claim or an interest in a recorded claim, an application for the transfer is made by the claim holder to the Mining Recorder; and

    • (c) in the case of the transfer of a lease, or an interest in a lease,

      • (i) an application for the recording of the transfer is made by the lessee to the Mining Recorder,

      • (ii) the rent and any interest on the lease is paid, and

      • (iii) the applicable fee set out in Schedule 1 is paid to the Mining Recorder.

  • Marginal note:Transfer of claim or interest

    (2) The transfer of a lease, or an interest in a lease, includes, as the case may be, the transfer of the recorded claim to which the lease applies or of that same interest in the recorded claim to which the lease applies.

  • Marginal note:Condition on transfer within mining property

    (3) If a recorded claim or a lease of a recorded claim or an interest in either of them is part of a mining property, its transfer 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.

  • SOR/2020-209, s. 23

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