Government Gazette REPUBLIC OF SOUTH AFRICA Vol. 521 Cape Town 24 November 2008 No. 31635 THE PRESIDENCY No. 1260 24 November 2008 It is hereby notified that the President has assented to the following Act, which is hereby published for general information:– No. 28 of 2008: Mineral and Petroleum Resources Royalty Act, 2008. AIDS HELPLINE: 0800-123-22 Prevention is the cure Creamer Media Pty Ltd +27 11 622 3744 polity@creamermedia.co.za www.polity.org.za ACT To impose a royalty on the transfer of mineral resources and to provide for matters connected therewith. BE IT ENACTED by the Parliament of the Republic of South Africa, as follows:— ARRANGEMENT OF SECTIONS Section 1. Definitions 2. Imposition of royalty 3. Determination of royally 4. Royalty formulae 5. Earnings before interest and taxes 6. Gross sales 7. Small business exemption 8. Exemption for sampling 9. Rollover relief for disposals involving going concerns 10. Transfer involving body of unincorporated persons 11. Arm's le...