📜 Iron Ore Agreements Legislation Amendment Bill 2010
Assented toLABill 14223 June 2010
This Bill amends several Iron Ore Agreements Acts to alter royalty rates for iron ore, increasing the rate for fine ore and adjusting the rate for beneficiated ore. It aims to remove historical royalty concessions.
Impact
Iron ore mining companies in Western Australia will be affected by the changes to royalty rates. The WA State Government will receive increased royalty revenue.
Key Changes
["Increases royalty rate for fine iron ore.", "Adjusts royalty rate for beneficiated iron ore.", "Removes concessional royalty rates."]
Parliamentary Progress
- LA IntroducedLA23 June 2010
- LA Second Reading MovedLA23 June 2010
- LA Second Reading AgreedLA10 Aug 2010
- LA Third ReadingLA10 Aug 2010
- LC Second Reading MovedLC11 Aug 2010
- LC Second Reading AgreedLC19 Aug 2010
- LC Third ReadingLC19 Aug 2010
- Royal Assent26 Aug 2010
Affected Sectors
miningresourcesfinancepublic_sector
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