Examples of Royalty Act in a sentence
Some states have additionally enacted art specific legislation, such as New York’s Arts and Cultural Affairs Law and California’s Resale Royalty Act.
Royalty Act shall apply to this clause as though this clause were part of that Act.
Main reference: Clause 119; section 8A of the Mineral and Petroleum Resources Royalty Act, 2008) Comment: Rollover relief should be allowed regardless of whether a refining purpose exists for the transferee.
The Mineral and Petroleum Resource Royalty Act 2008 (Royalty Act) imposes a royalty on refined (mineral resources that have undergone a comprehensive level of beneficiation such as smelting and refining as defined in Schedule 1 of the Royalty Act) and unrefined (mineral resources that have undergone limited beneficiation as defined in Schedule 2 of the Royalty Act) minerals payable to the State.
Main reference: Clause 118; section 6A of the Mineral and Petroleum Resources Royalty Act, 2008) Comment: No justification exists for coal to be categorized into four grades.
The Royalty Act imposes a royalty on refined and unrefined minerals payable to the State.
The Mineral and Petroleum Royalty Act, 2008 sets out the revenue-based royalties’ payable on mineral resources that are extracted within South Africa and transferred.
California’s Resale Royalty Act requires the payment of royalties to the artist after a sale of fine art whenever “the seller resides in California or the sale takes place in California.” Cal.
The Royalty Act differentiates between refined and unrefined mineral resources.
In 1976, California passed the California Resale Royalty Act (the Act) — a law that, for the last 39 years, has secured invaluable benefits for talented artists.