{
  "url": "https://openlegislation.uk/mineral-royalties-tax-regulations-1971/regulation-2",
  "json_url": "https://openlegislation.uk/mineral-royalties-tax-regulations-1971/regulation-2.json",
  "legislation": "uksi/1971/1035",
  "legislation_title": "The Mineral Royalties (Tax) Regulations 1971",
  "legislation_url": "https://openlegislation.uk/mineral-royalties-tax-regulations-1971",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": null,
  "text": "Subject to Regulation 3 below, where a payment is made on or after 6th April 1970 in respect of a sum receivable on or after that date under an agreement which relates both to the winning and working of minerals and to other matters, then, notwithstanding any allocation of the payment under the terms of the agreement, so much but no more of the payment is to be treated for the purposes of the principal section as mineral royalties as might reasonably have been expected to be provided for by the agreement if—\n(a) it conferred only the right to carry out specified operations in relation to minerals in or under the land to which the agreement relates; and\n(b) any buildings, structures, roads, shafts, adits or other works existing on the land at the time when the agreement was granted or made were not in existence.\nProvided that no such payments are to be treated as mineral royalties unless minerals in or under the land are being or have been won and worked pursuant to rights conferred by or under the agreement, or there is reasonable prospect of their being so won and worked.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1971/1035/regulation/2",
    "retrieved_at": "2026-10-29T22:43:55.320143+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}