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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: Confluence who wrote (1161)5/20/1998 12:04:00 AM
From: INFOMAN  Read Replies (1) of 7235
 
It is definitely not the case that mineral rights not registered within 2 years revert to the state.
The Green paper you refer to , is still a discussion document which then has to become a white paper to be presented to Parliament and then if it is acceptable , becomes law.This rarely happens without major changes being made to the original Green paper.

There is no precedent for rights to revert to the state and I once again refer to my first posting:'3. As a result of the manner in which mineral rights were registered prior to 1937, it was impossible for an Executor to do a mineral search if he did not have the description of the property.This is an everyday occurrence and the Deeds Registries Act specifically makes provision for these cases in Section 71 thereof.'

I believe that the case will be heard on Thursday.
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