Clause 11

replace subsection (2) with —“(2) Without affecting section 61, where —

on or after 19 April 2016, a company contravenes section 38(2), or any condition under section 37(3), in respect of any approved royalties, fees or contributions; and

the Minister is of the view that it is in the public interest to do so,the Minister may revoke the approval for the royalties, fees or contributions under section 37(3)(a) with effect from a date determined by the Minister, which may be a date that is before the date on which notice of the revocation is given (including a date before the date of contravention).”;

in subsection (4), after “subsection (2)”, insert “or section 61”;

in subsection (4), replace “paid” with “payable”;

in subsection (4)(a), replace “the royalties, fees and contributions” with “any royalties, fees or contributions that were payable from and including the date determined by the Minister under subsection (2) or section 61(3), as the case may be”; and

replace subsection (5) with —“(5) The Minister charged with the responsibility for finance may waive all or a part of any debt due from a company under subsection (4) that arises from the revocation of any approval under subsection (2), if that Minister is satisfied that the company did not knowingly or intentionally contravene —

section 38(2); or

the condition imposed under section 37(3),as the case may be.”.