Section 33: Royalty.

(1) Any mineral obtained in the course of exploration or mining operations shall be liable to pay royalty as prescribed in the regulations made under this Act.
(2) The Minister may reduce or waive royalty on any mineral which the Minister is satisfied is being exported solely for the purpose of analysis or experiment or as a scientific specimen, not being in greater quantity than is reasonably necessary for that purpose.
(3) The Minister may defer payment of royalty on any minerals for a specific period, on the approval of the Federal Executive Council.