1. PRESENTATION TO THE PORTFOLIO COMMITTEE MINING TITLES REGISTRATION AMENDMENT BILL 16 APRIL 2003

2. IMPORTANT CHANGES Objectives changed to suit new mandate in line with the MPRDA Definitions widened to accommodate same Clause 2 establishes the new office which deals with both the conversions and registration of new order rights duties and powers of the DG enhanced e.g clause 5(v) and 6(e) and (f)

3. CHANGES CONTINUED Clause 8 accommodates the new policy on access to information in line with the Promotion of Access to Information Act Clause 10 now allows the DG to make or alter regulations and abolishes the Mining Lease Board which has become redundant Same clause (1A) now brings this bill in line with the PFMA by providing for consultation with treasury on state revenue

4. CHANGES CONTINUED Makes provision for the new system by keeping existing registers and opening new registers with the two running concurrently The above provisions ensure that the centralisation of registration of rights, which is a new feature in our framework, is comprehensive and accurate

5. CHANGES CONTINUED Clause 67A provides for the conversion of old order rights including op 26 rights Clause 67B refers to a schedule attached mentioning laws that are to be repealed by this Bill in the Deeds Registration Act The above repealed and amended clauses mainly deals with the registration of mineral rights and related transactions e.g mineral leases and prospecting contracts