Examples of PNDCL 153 in a sentence
The following laws and regulations govern mining in Ghana: - Minerals and Mining Law, 1986 (PNDCL 153), - Minerals and Mining Law (Amendment), 1994 (Act 475), - The Minerals Commission Law, 1986 (PNDCL 154), - The Small Scale Mining Law, - Minerals Royalties Regulations, 1987 (L.I. 1349), and; - The Additional Profits Tax Law, 1982 (PNDCL 122).
PGR shall put up signposts (to be provided by BGL) within the Prestea Mining Area, to put on notice any third party, that, as provided for by PNDCL 153, farming and building are not permitted within the Prestea Mining Area, other than with the permission of the lease holder.
A further extension may be granted in accordance with the provisions of the Minerals and Mining Law 1986, PNDCL 153.
Such term shall be renewable from time to time in accordance with PNDCL 153.
It is also acknowledged by the Parties, that pursuant to section 8(2) of PNDCL 153, the Government of Ghana has the option to acquire, on such terms as it agrees with the holder of a mining lease, an additional 10% interest in the rights and obligations of any mining operations (for a total of 20%) which has discovered minerals in commercial quantities.
The Government may, subject to the provisions of this paragraph, and to section 67 of the Minerals and Mining Law 1986, PNDCL 153 terminate this Agreement if any.