# The Mineral Royalties (Tax) Regulations 1971, Regulation 3


The whole of a payment under an agreement shall for the purposes of the principal section be treated as a mineral royalty if under Regulation 2 above nine-tenths or more of it would be so treated.

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Source: https://www.legislation.gov.uk/uksi/1971/1035/regulation/3 (the official version)
Page: https://openlegislation.uk/mineral-royalties-tax-regulations-1971/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.