(Summit No. 107 of the People's Government of Blue Sea, 24 October 2012, to consider the adoption of the Decree No. 90 of 22 November 2012 on the People's Government of the Blue Sea, from the date of publication)

The Government of the province has decided to amend the application of the Reimbursement for Mineral Resources in Blue Sea Province as follows:

The second amendment reads as follows: “Any miner who exploits mineral resources within the administrative region of this province shall pay the mineral resource compensation rate in accordance with the terms of the Regulations on the Management of the Reimbursement for Mineral Resources and the means of implementation”.

“The former paragraph refers to the enterprise or unit that has legal personality and acquires mineral resources in accordance with the law”.

Article 3 amends to read: “The management of the territorial resource management of the Provincial People's Government and the management of royalties for mining resources in the province's financial sector”.

Article 4: “The collection, management and use of compensation for mineral resources shall uphold the principles of collection, earmarking and crediting.

Delete article 5, paragraph 2.

Article 6 adds a paragraph to read as paragraph 3: “The oil, natural gas and Zahar Khan, the east, the west, the west, and the mineral resource compensation for the Lake Irid salt Lake is charged by the territorial resource management of the province”.

Article 7, paragraph 1, was amended to read: “Assessing mineral resource compensation payments and rates shall be carried out in accordance with the Mining Resources Compensation Rates developed by the State Department, and the mineral resource compensation rate shall be calculated according to the following pattern:

Paragraph 5 was amended to read: “The mining owner's direct metallurgical, deep-sea processing to provide metallurgy, deep-sea mining or mining to calculate the revenue collection. It is not appropriate to be determined by the leasing sector, which is approved by the provincial land resource management to account for a proportion of the proceeds of processing products.

Article 8, paragraph 1, was amended to read: “The compensation for mineral resources shall be paid in a quarterly manner. Mining rights pay mineral resource compensation for the last quarter by 15 of the first month of each season, or compensation for mineral resources in advance of the current season.

Article 9 amends as follows: “The Mining Power shall suspend or terminate mining activities and shall pay compensation for mineral resources. In the case of undistributed mineral products, the parties are able to suspend or shut down the pit due to the payment of payment of the mineral resources.

Article 10 was deleted.

Article 13, paragraph 4, was amended to read: “Remarks dedicated to the compensation of mineral resources, receipts for the compensation of mineral resources from the collection of earmarked receipts” are managed by the provincial fiscal sector with the provincial land resource management.

Article 14, paragraph 3, was amended to read: “Any application for the reduction of over 500,000 dollars has been approved by the Government of the People of the province following the signing of observations with the financial sector.

Article XIV, adds to Article XIV: “Statistical overview of the collection of mineral resource compensation payments by the Land Resources Management of the People's Government at the district level and the Land Resources Management of the Land Resources Management of the People's Government shall be prepared to report on the management of land resources on a case-by-step basis and to accompany the same financial sector”.

Articles 13 and 15 were amended to read: “The compensation for mineral resources at the disposal of this province is included in the provincial fiscal budget, the introduction of specific management, and no unit or individual may be diverted”.

“The cost of compensation for mineral resources is associated with geological surveys, savings in the use of mineral resources and additional requirements for the protection and collection of sectors”.

Articles XIV and 16 were amended to read: “Reparations for mineral resources at the disposal of the province, which are based on geological surveys of 60 per cent, savings in mineral resources and protection of 20 per cent, and the proportion of additional sectoral funds collected, are arranged by the provincial financial sector with the provincial land resource management”.

Delete article 16, paragraph 2, (3).

Articles 15 and 17 were amended to read: “The specific management use of geological surveys, the savings of mineral resources and the protection and collection of additional sectoral funding is provided by the Provincial Finance Department with the provincial Land Resources Management”.

Articles XVI, 20 were amended to read: “Acductees shall present administrative law enforcement documents and have an obligation to conservative the confidentiality of the inspector”.

Articles XVII and 23 were amended to read: “The sectors and individuals that have made a significant difference in the collection of mineral resources compensation payments are given recognition by the provincial authorities of land resources. The funds required to be rewarded are included in their work funding.

Article 24 was deleted.

Paragraphs XIX, 26, subparagraph (iv), were amended to read: “Aid for the payment of mineral resources within the deadline”.

Article 27 was deleted.

Articles 21 and 28 were amended to read: “Regulations for the levying of mineral resources and their staff members in violation of the Mining Resources Compensation Regulations and the way in which they are implemented interceptions, coordinates, misappropriation, payment and fines for privately distributed mineral resources, as well as in the collection of private and bribes, are governed by the executive inspectorate or other direct responsible personnel with direct responsibilities, and are given administrative penalties in accordance with the law”.

Article 29 was deleted.

Article 31 was deleted.

In addition, the individual language of the provisions was amended and the order of the provisions was adjusted accordingly.

This decision is implemented since the date of publication.

The management application for the compensation of mineral resources in Blue Heavy Province was released in accordance with this decision.

Annex: Modalities for the management of mineral resource compensation in Blue Heavy province (Amendments in 2012) (releaded by the Order No. 12 of 22 October 1994 of the People's Government of the Blue Hear province of 15 December 2010 on the basis of the Decision of the Government of the People of the Blue Sea of 15 December 2010 on amendments to Partial Regulations)

Chapter I General

In order to preserve the State's property rights with regard to mineral resources, to promote survey, exploitation and protection of mineral resources, to strengthen the collection and management of mineral resource compensation payments, and to develop this implementation approach in line with the State Department's Regulation on the Management of Mineral Resources Compensation.

Article 2

The mining owner referred to in the previous paragraph refers to enterprises or units that have legal qualifications and acquire mining mineral resources in accordance with the law.

Article 3

Article IV. The collection, management and use of mineral resources compensation payments should uphold the principles of collection, earmarking and crediting.

Chapter II

Article 5 quantification of the mineral resource reimbursement rate is governed by a sub-sector management responsible for the specific collection of work by the Land Resources Management of the Government of the above-ranking people.

Article 6. The mineral resource compensation rate is charged by the territorial resource management of the Government of the Land Resources at the district level of the mined area within the district administration.

The mineral resource compensation rate is charged by a common top-level people's land resource management in the administrative area involved.

Petroleum, natural gas and Zahar, eastern Kyi, Western Kori, and the mineral resource compensation for Lake Iri, are charged by the territorial resource management of the province.

Article 7

Taxation of the amount of compensation for mineral resources = income from the sale of mineral products x rate of extraction factor

Removal rate factors = approved rate of return/removal rate

The mining owner was sold by the former mine and was charged with the proceeds of the sale of the minerals; it was sold by the mining owner in the light of the minerals.

The mining owner's direct metallurgy and deep-sea processing to provide smelters, deep-seated raw mines or quantities of artisanals. It is not appropriate to be determined by the leasing sector, which is approved by the territorial resource management of the province, for a proportion of the proceeds from processing products.

In the absence of an approved rate of return or difficulty in calculating the actual rate of extraction, the collection sector would approve its profitability factor in the light of actual circumstances.

Article 8. Reimbursement for mineral resources shall be paid in a quarterly manner. Mining rights pay the mineral resource compensation for the last quarter by 15 of the first month of each season, or compensation for mineral resources in advance.

The mining owner has made it difficult to pay by the time and, with the approval of the territorial resource management, the extension period may not exceed three months.

Article 9. Removal or termination of mining activities by the mining holder shall be paid. In the case of undistributed mineral products, the parties are able to suspend or shut down the pit due to the payment of payment of the mineral resources.

Article 10 Minors are required to deal with the declaration of royalties within the prescribed time frame, such as the actual completion of the mineral resource compensation statement, the name of the mineral product, production, sales, sales prices, sales revenues, authorized (designed) mining rate and the actual rate of extraction. Upon review of the basement statement, the levying sector is based on the origin of the mining power.

Minors cannot provide accurate data on the compensation of mineral resources to collect the results of sectoral clearances as a basis for mining rights.

Article 11. The acquisition of units and individuals that do not have the mineral resources compensation rate, and the obligation to pay the mineral resources in the event of approval by the sector.

Article 12 Minors may pay mineral resources compensation in a manner that banks transfer or cash settlement.

Reimbursement for mineral resources in the form of bank transfers shall be paid to local banks or national banks, in accordance with the base statement of the royalties approved by the organ, in full the book of contributions earmarked for the compensation of mineral resources.

Reimbursement for mineral resources in cash was paid directly by the mining owner to the levy sector and by the levying sector, according to the Mines Resource Compensation Receipt, which was then summarily completed, and paid to local banks or national banks in a timely manner.

The Land Resources Management Service of the Province is administered by the Ministry of Finance with the Provincial Land Resources Management.

Article 13 provides that a written application shall be made in respect of the reasons, duration and range of the year for the non-payment or reduction of the payment of mineral resources, in accordance with the State's provisions, and shall be accompanied by the information on the payment of the royalties.

In the 15-day period following receipt of a request from the mining licensor to distribut or deduct the same-tier financial sector, the levy was submitted to the provincial land resource management for the decision to be approved by the provincial financial sector within 30 days.

For more than 500,000 dollars of the decrease, the provincial Land Resources Management will sign opinions with the financial sector, with the approval of the provincial Government.

Article 14.

Chapter III Management and use

Article 15. Reimbursement for mineral resources at the disposal of this province is included in the provincial fiscal budget, with specific management, and no unit or individual may be diverted.

The cost of compensation for mineral resources is supplementary to the geological survey, the savings of mineral resources and the protection and collection of sectors.

Article 16 provides for specific management practices for geological surveys, savings of mineral resources and the protection and collection of additional sectoral funding, as set out by the Provincial Finance Department in conjunction with the provincial Land Resources Management.

Chapter IV Inspection and oversight

Article 17 exercises the following functions in the management of leprosy:

(i) To investigate, enquire about the mining rights and other relevant personnel;

(ii) To collect, retriecate documents, proof materials and information relating to royalties;

(iii) To receive, replicate the original documents, instruments, books, vouchers and statements required for the calculation of the mineral resource compensation;

(iv) Inspection of mineral products at the operating place of the mining owner or in the mining products, processing products storage sites.

Article 18 Mining rights must be subject to a sectoral examination by law, and, if provided, may not be denied or concealed.

Article 19, when the person is charged with carrying out his or her official duties, shall present administrative law enforcement documents and have an obligation to conservative the confidentiality of the inspector.

The upper part of article 20 is entitled to inspect and supervise the collection of the sector.

The financial sector conducts monitoring and inspection of mineral resource compensation payments in accordance with its mandate.

Article 21, all levels of prices, banks, tax, business, transport, mining and business, and other relevant sectors, should support and assist in the collection and monitoring of mineral resource compensation payments by the same-level land resource authorities.

Chapter V

Article 2 provides incentives for sectors and individuals that have made a significant difference in the payment of mineral resources. The funds required to be rewarded are reflected in their work funds.

Article 23. Minors who had not paid their mineral resources in full for a period of time, and the sector had issued a letter of credit for the contribution of mineral resources to them, which had been paid the deadline. The distributor continues to be disbursed and the collection of the sector requests the enforcement of the People's Court.

Article 24 contains one of the following acts in violation of this scheme, which is punished by the levying sector in accordance with the Mines Resource Compensation Regulation:

(i) No declaration of compensation for mineral resources and related information, as required;

(ii) Discriminating minerals, concealing the production of mineral products, sales volume, sales prices, actual exploitation rates and related circumstances;

(iii) No payment of compensation for mineral resources in full on time;

(iv) Reimbursement of mineral resources within the deadline.

Article 25 interceptions, coordinates, misappropriation, compensation for private mineral resources and fines against the levying sector and its staff members in violation of the Mines Resource Reimbursement Regulations and the current method of implementation, shall be subject to the appropriate administrative disposition by the executive inspectorate or superior authority for the lead and other direct responsibilities that are directly responsible.

Annex VI

Article 26