Crown Minerals Act 1991 | |
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New Zealand Parliament | |
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Commenced | 1 October 1991 |
Administered by | Ministry of Economic Development (formerly the Ministry of Commerce) |
Legislative history | |
Passed | 1991 |
Status: Amended |
The Crown Minerals Act is an Act of Parliament passed in 1991 in New Zealand. It controls the management of Crown owned minerals. Potential changes to Schedule 4 of the Act created controversy and opposition in 2010. The definition of minerals under the Act is very broad – it includes gravel, industrial rocks, building stone, coal and petroleum.
All gold, silver, uranium and petroleum is under Crown ownership as well as any other minerals that are on Crown owned land.[1]