Section 2
Assignment of export duty on mineral ores
of Assignment of Export Duty (Mineral Ores) Act 1964
There shall be paid to the State Governments specified in the first column in the Schedule a portion of the export duty on the mineral ores (other than iron ore and tin) specified in the second column in the Schedule, produced in those States; and the portion of export duty so payable shall be as specified in the third
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column in the said Schedule.
(2)
No royalty or similar charges (whether under a lease or other instrument or under any State enactment, or whether the lease or instrument was made or the enactment passed before or after the making of the payment under subsection (1)) shall as from the date of the making of the payment under that subsection be levied by the State Governments in respect of such mineral ores (other than iron ore and tin), except with the written agreement of the Minister of Finance.
(3)
Parliament may by resolution add to, vary, delete or otherwise amend the Schedule.
Payment to be charged on the Consolidated Fund