An Act to make provision for the grant of licences to search for and to win minerals, and for purposes incidental thereto and connected therewith.
This Act consists of 63 sections divided into 11 Parts: Preliminary (I); Acquisition of mineral rights (II); Administration (III); Reconnaissance licences (IV); Prospecting licences (V); Mining licences (VI); Mineral rights and surface rights (VII); Financial (VIII); Withdrawal of applications (IX), Surrender and termination of mineral rights (X); Regulations (XI); Penalties and offences (XII); Records, information and arbitration (XIII).Mineral rights shall be granted only to citizens of Tuvalu or to a corporation that is incorporated by or under any law of Tuvalu (sect. 3).