TRANSFER OF CERTAIN MINERALS BY SASKATCHEWAN AND CANADA WITHOUT COMPENSATION Sample Clauses

TRANSFER OF CERTAIN MINERALS BY SASKATCHEWAN AND CANADA WITHOUT COMPENSATION. (a) In respect of all Entitlement Land up to and including an Entitlement Band's Equity Quantum or Saskatchewan Formula Quantum, whichever is greater: (i) where Saskatchewan is the Fee Simple Mineral Owner of any Undisposed Minerals underlying such Entitlement Land, Saskatchewan shall, without compensation, transfer such Undisposed Minerals to Canada for the benefit of the Entitlement Band effective upon creation of the Entitlement Reserve; (ii) where Saskatchewan at any time becomes the Fee Simple Mineral Owner of any Undisposed Minerals underlying an Entitlement Reserve, Saskatchewan shall, without compensation, promptly transfer the same to Canada for the benefit of the Entitlement Band; (iii) notwithstanding subparagraph (i), but subject to subparagraph (iv), where Saskatchewan is the Fee Simple Mineral Owner of any Undisposed Minerals underlying Entitlement Land which are required for Public Purposes, Saskatchewan shall not be required to transfer such Undisposed Minerals to Canada for the benefit of the Entitlement Band; (iv) where Saskatchewan is the Fee Simple Mineral Owner of any Minerals which were, as at the date that such Entitlement Land was Purchased, withheld by Saskatchewan for Public Purposes but any of such Minerals have subsequently ceased to be necessary for Public Purposes, Saskatchewan shall, without compensation, promptly transfer such Minerals to Canada for the benefit of the Entitlement Band; (v) Saskatchewan shall, upon a written request from an Entitlement Band, advise the Entitlement Band of the existence (or non-existence) of a Public Purposes Plan in respect of any particular Undisposed Minerals as soon as reasonably possible, but in any event within thirty (30) days of receipt by Saskatchewan of such a request; (vi) In the event of a dispute between Saskatchewan and an Entitlement Band as to whether any Undisposed Minerals underlying Land were the subject of a Public Purposes Plan: (A) as of the date that Saskatchewan received written notice from an Entitlement Band that the Land was the subject of an Agreement to Purchase with a third party; or (B) in the case of provincial Crown Lands, as of the date that the Entitlement Bands have made a request to Saskatchewan pursuant to subparagraph 5.04(a)(v); shall be referred to the Arbitration Board for resolution in accordance with Article 19; and (vii) where Canada is, or at any time becomes, the Fee Simple Mineral Owner of any Undisposed Minerals underlying Entitlement Land, Cana...
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