Malaysia legislation
Section 57
Section 57
When development work and mining to commence
(2)
The Director, in consultation with the Authority, may forfeit the mining land under section 58 if the holder of a mining lease or certificate fails to commence work on the land in respect of which the mining lease or certificate has been granted within one year from the production commencement date specified in any mine feasibility study report submitted under section 55.
(3)
The Director, in consultation with the Authority, may forfeit the mining land under section 58 if the level of annual ore production is less than twenty per cent of the planned raw ore production for that year as stated for two consecutive years, if in the year following that two years’ period the annual ore production is twenty per cent or less of the planned raw ore production level for that year as stated in the said study.
49
Liability to forfeiture