Mining Act Article 64

A mineral right holder who delays the payment of a mineral right fee or mineral royalty shall be charged with demurrage of 1% of the un-payment for every two days; however, the demurrage shall be limited to a maximum of 15%. If the payment is delayed over 30 days, the interest accrued on daily basis at fixed annual rate following the postal saving deposit shall be paid together with the un-payment.If the amount calculated under the preceding Paragraph is below a certain amount or conforms to specific conditions, the competent authority may, depending on actual needs, exempt from collection or transfer to administrative enforcement.The certain amount and specific conditions provided in the preceding Paragraph shall be announced by the competent authority.