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Review of the Crown Minerals Act regime

The government has reviewed the Crown Minerals Act 1991, and supporting Minerals Programmes and associated regulations. The Crown Minerals Amendment Act 2013, and new Minerals Programmes and regulations, commences on 24 May 2013.

The review looked at how the government allocates exploration and production rights, the management and oversight of exploration and production processes, and how the Crown (on behalf of New Zealanders) shares in the benefits of exploration successes.

This review is one part of the work the government is undertaking to ensure New Zealand has a world-leading system for managing mineral and petroleum exploration and production that balances the economic benefits with safety and environmental concerns.

 

Review timeline

Stages of engagement and government decisions

Actions undertaken at this stage

Timing



     
Introduction of proposed amendments to the Crown Minerals Act regime

  1. Public consultation on high level proposals

7 March – 30 April 2012
(18 May – 8 June on transitional measures)

  1. Officials consider submissions; engagement with key stakeholders and iwi

April to July 2012

  1. Cabinet decisions on amendments to the regime

July – September 2012

  1. Government introduces a Bill to Parliament

20 September 2012

  1. First reading of Bill in Parliament

26 September 2012

  1. Introduction of SOP (in response to Pike River Royal Commission recommendations)

26 November 2012

  1. Introduction of SOP (in respect of unlawful interference)

25 March 2013

Select Committee process

  1. Select committee calls for submissions on the Bill and SOP

  2. Select committee considers submissions on the Bill and SOP

  3. Select committee reports back to Parliament

from September 2012 to 18 March 2013

Final passage of Bill
  1. Second Reading of Bill in Parliament

25 March 2013

  1. Third reading of Bill in Parliament
16 April 2013
  1. Crown Minerals Amendment Act 2013 given Royal Assent
19 April 2013

Draft Minerals Programmes

  1. Release of draft minerals programmes

4 October to 5 December 2012

  1. Petroleum Programme 2013 and Minerals Programme 2013
Come into effect on 24 May 2013

Review of royalty regime for Tier 1 minerals

  1. Release of discussion paper

11 October 2012 to 7 December 2012

  1. New Tier 1 minerals royalties

Effective from 24 May 2013

Changes to regulations

  1. Update of existing regulations prescribing reporting requirements and fees. Development of new regulations setting out royalty rates.

In parallel with the passage of the Bill

  1. Crown Minerals (Petroleum) Amendment Regulations 2013 and Crown Minerals (Royalties for Petroleum) Regulations 2013
Come into effect on 24 May 2013
  1. Crown Minerals (Royalties for Minerals Other than Petroleum) Regulations 2013 and Crown Minerals (Minerals and Coal) Amendment Regulations 2013.
Come into effect on 24 May 2013

 

Read more about the regime

 

Changes to the Crown Minerals Act regime

The Crown Minerals Amendment Act, new programmes and regulations, commence on 24 May 2014.

Read more about Changes to the Crown Minerals Act regime

Consultation on proposed changes to the regime

There were various stages of consultation on the proposed changes to the Crown Minerals Act regime.

Read more about Consultation on proposed changes to the regime

Overview of Crown Minerals Act regime

A summary of how the Crown manages and allocates rights to Crown-owned minerals.

Read more about Overview of Crown Minerals Act regime

Last updated 23 May 2013