FOR RELEASE #08-167
July 7, 2008
Consultation Begins On Miners Lien Act Amendments
WHITEHORSE – Public consultation is now underway on proposed amendments to the Miners Lien Act, announced Energy, Mines and Resources Minister Brad Cathers.
“The Government of Yukon is committed to reviewing and modernizing key elements of the Miners Lien Act to ensure it provides certainty to mining companies, trades people and other companies that work with the mining industry,” Cathers said. “Additional clarity in the act will support investment and development in Yukon’s mining sector.”
The act was first developed in 1902 and last amended in 1958. It provides the opportunity for contractors and suppliers to file legal claims against mine owners in situations where the mine owner has failed to pay companies or trades people who have furnished goods and services to the mine.
“Yukon’s mining industry has asked that the lien legislation be simple and easy to interpret,” Cathers said. “Potential claimants should be able to understand their rights based on the wording in the act.”
The proposed changes include the following: who may hold a lien; the ability to know a lien exists; the type of assets that may be subject to a lien; time limits for filing a lien; potential for backdating a lien; lien holders’ priority; the scope of liens; and waiving the opportunity to file a lien.
For additional information or to provide comments on the proposed changes to the Miners Lien Act, visit Energy Mines and Resources’ website at www.emr.gov.yk.ca or call 867-667-8728. Written comments are invited until August 7, 2008.
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Contact:
| Matthew Grant Cabinet Communications 867-633-7961 matthew.grant@gov.yk.ca |
Rod Jacob Communications, Energy, Mines and Resources 867-667-8786 rod.jacob@gov.yk.ca |