CEMAC PERMITS

5.(1) Any application for the grant of a mining title, authorization, permit or approval of a transaction shall be addressed to the Minister in charge of mines in triplicate, including one original stamp at the rate in force. The following documents shall be appended to the application:

for an individual:

his address and nationality;img_5271

identification papers.

for a corporate body:

 the articles of association of the corporate body, the last annual report, or failing that, a bank statement of financial assets;the list of members of the Board of Directors, the list of persons empowered to sign on behalf of the company, their nationality and respective addresses.

(2) Where the information on the grant of a mining title, an authorization, a permit or a transaction were provided at the time of lodging the previous application, no other information shall be required for the same title, permit or authorization apart from those which have been amended, in which case they shall be updated. The Ministry of mines have a Permit for 6 months , One Year and Three Years

Any holder of a mining title, an authorization or a permit shall within a period not exceeding 30 (thirty) days, inform the Minister in charge of mines of any amendments to its articles of association, the structure of the share capital or the persons referred to under Article 5(1) above. Furthermore, the holder should each year, forward to the Minister in charge of mines its progress report as well as its financial balance sheet.

7.(1) Any individual who applies for either a mining title, an authorization or a permit in implementation of the provisions of the law, or for the approval of a transaction in accordance with the provisions of Section 20 of the Law, should provide information on his identity.

(2) Where the information referred to under paragraph (1) above had been provided at the time of lodging the previous application, it shall not be required for the same title, authorization or permit except such information is amended, in which case it shall be updated.

Any application for the grant or renewal of mining titles or any other application lodged under the law or this decree shall be drafted in the manner defined by the service in charge of mines. The original of the application shall be stamped at the rate in force.

9.(1) Any transaction on a right pertaining to a mining title may take effect only upon approval by the Minister in charge of mines, and the registration of the procedure with the registrar.

(2) The application for approval of the transaction shall be drafted in the manner defined by the service in charge of mines. It shall be submitted to the Minister in charge of mines along with an explanatory statement which clearly states the reasons for the transaction, the address and the mining experience of the new buyer, and the financial balance sheet for the last two financial years.

(3) The Minister in charge of mines shall have 45 (forty-five) days from the date of submission to notify his approval to the applicant. Silence on the part of the government service shall be tantamount to approval.

 

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