NIGERIAN MINERALS AND MINING ACT
Section 122: Service of Demand Notice.
(1) Where a holder of a mining lease is required to make a payment to the Environmental Protection and Rehabilitation Fund under section 121 of this Act and fails to do so within thirty days of a written notice given by the Mines Environmental compliance Department requesting payment of the amount owing, the Mines Environmental Compliance Department shall-
(a) serve or cause to be served, on the holder a thirty day demand notice in writing ; and
(b) cause a record of the service of the notice to be endorsed by the Mining Cadastre Office on the copy of the Mining Lease in the register to which it relates.
(2) If the whole of the sum demanded by the notice under subsection (1) of this section is paid to the Environmental Protection and Rehabilitation Fund within the time specified therein, the notice shall thereupon cease to have effect to and the Mines Environmental Compliance Department shall cause to be cancelled in the Cadastre Register the record endorsed on the Mining Lease pursuant to subsection (1) (b) of this section.
(3) If by the end of the period specified in the demad notice the sum owed has not been paid to the Environmental Protection and Rehabilitation Fund, the Trustees to the Environmental Protection and Rehabilitation Fund shall-
(a) institute the necessary court proceedings to recover the amount ; and
(b) suspend payment of any amount payable from the Environmental Protection and Rehabilitation Fund to the defaulting title holder in accordance with the provisions of this Part, and the Mining Lease shall thereon become liable to suspension.
Cite this section
Section 122, NIGERIAN MINERALS AND MINING ACT (2007).
https://repo.podus.ai/laws/nigerian-minerals-and-mining-act/section/122/