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 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 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 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 Royalty Act uses two variables to calculate the royalty liability, the value of the minerals and the royalty percentage rate, which is applied to the base.
The South African Government has enacted the Mineral and Petroleum Resources Royalty Act (the ‘‘Royalty Act’’), which imposes a royalty payable to the South African Government by businesses based upon financial profits made through the transfer of mineral resources.
At the time, not voting for the establishment candidate sent a pretty significant message to Iran's leadership.
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.
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.