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 |
|
| 7 March – 30 April 2012 |
| April to July 2012 | |
| July – September 2012 | |
| 20 September 2012 | |
| 26 September 2012 | |
| 26 November 2012 | |
| 25 March 2013 | |
Select Committee process |
| from September 2012 to 18 March 2013 |
| Final passage of Bill |
| 25 March 2013 |
| 16 April 2013 | |
| 19 April 2013 | |
Draft Minerals Programmes |
| 4 October to 5 December 2012 |
| Come into effect on 24 May 2013 | |
Review of royalty regime for Tier 1 minerals |
| 11 October 2012 to 7 December 2012 |
| Effective from 24 May 2013 | |
Changes to regulations |
| In parallel with the passage of the Bill |
| Come into effect on 24 May 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.
Consultation on proposed changes to the regime
There were various stages of consultation on the proposed changes to the Crown Minerals Act regime.
Cabinet decisions regarding changes to the regime
Papers submitted and agreed by Cabinet at various stages.
Overview of Crown Minerals Act regime
A summary of how the Crown manages and allocates rights to Crown-owned minerals.
