Nunavut Mining Regulations

Marginal note:Requirements

• 66 (1) The transfer of a recorded claim or a lease of a recorded claim or an interest in either of them may be recorded only if

  • (a) the transfer is made to a licensee;

  • (b) in the case of the transfer of a recorded claim or an interest in a recorded claim, an application for the transfer is made by the claim holder to the Mining Recorder; and

  • (c) in the case of the transfer of a lease, or an interest in a lease,

    • (i) an application for the recording of the transfer is made by the lessee to the Mining Recorder,

    • (ii) the rent and any interest on the lease is paid, and

    • (iii) the applicable fee set out in Schedule 1 is paid to the Mining Recorder.

• Marginal note:Transfer of claim or interest

  (2) The transfer of a lease, or an interest in a lease, includes, as the case may be, the transfer of the recorded claim to which the lease applies or of that same interest in the recorded claim to which the lease applies.

• Marginal note:Condition on transfer within mining property

  (3) If a recorded claim or a lease of a recorded claim or an interest in either of them is part of a mining property, its transfer may be recorded only if security in the amount of any unpaid royalties in relation to the mining property has been deposited with the Minister.