BIM62096 - Mineral extraction: royalties: Northern Ireland

The new treatment in BIM62090 applies to:

1. periodical payments of compensation under Section 29 or 35, Mineral Development Act (Northern Ireland) 1969, or under Section 4, Petroleum (Production) Act (Northern Ireland) 1964.
   
2. periodical payments made as mentioned in Section 37 of the 1969 Act referred to in (a) above or under Section 55 (4) (b) of that Act or under Section 11 of the 1964 Act referred to in (a) above (payments in respect of minerals to persons entitled to a share of royalties under Section 13 (3), Irish Land Act 1903).