Implementation Plan for the Sahtu Dene and Metis Comprehensive ...

ANNEX AProject 10 – 1:Project Manager:Participant/Liaison:Resource royalty paymentsDepartment of Indian Affairs and Northern Development (DIAND)Sahtu Tribal Council (STC), Auditor-GeneralObligations Addressed:10.1.1 Government shall pay to the Sahtu Tribal Council, annually, an amount equal to:(a) 7.5 percent of the first $2.0 million of resource royalty received by government in that year;and(b) 1.5 percent of any additional resource royalties received by government in that year.10.1.2 (a) Amounts payable by government pursuant to this chapter shall be calculated on the basisof amounts due to and received by government in respect of resources produced after thedate of this agreement.(b) Payments remitted to the Sahtu Tribal Council shall be in quarterly installments.(c) Government shall annually provide to the Sahtu Tribal Council a statement indicating thebasis on which royalties were calculated for the preceding year.(d) On the request of the Sahtu Tribal Council, government shall request the Auditor-Generalto verify the accuracy of the information in the annual statements.2.1.1 "Mackenzie Valley" comprises the area within the Northwest Territories that is bounded on thesouth by the 60th parallel of latitude excluding the area of Wood Buffalo National Park; on thewest by the border between the Northwest Territories and Yukon Territory; on the north by theboundary of the Western Arctic Region and on the east by the boundary of the settlement areaof the Tungavik Federation of Nunavut;2.1.1 "resource" means mines and minerals whether solid, liquid or gaseous;2.1.1 "royalty" means any payment, whether in money or in kind, in respect of production of aresource in, on or under the Mackenzie Valley, including the Norman Wells Proven Area, paidor payable to government as owner of the resource, but does not include any payment for aservice, for the issuance of a right or interest or for the granting of an approval or authorization.Referenced Clauses: 19.5.3, 3.1.9ACTIVITIES RESPONSIBILITY TIMING GUIDELINES(in sequence)1. Remit the resource royalty payments to the DIAND quarterlySTC2. Provide an annual statement to the STC DIAND annually3. Verification of the accuracy of the information STC at discretionin the annual statements may be requested4. Verify accuracy of information in annual Auditor-General as requestedstatements5. Provide the report of Auditor-General to the DIAND when availableSTCSAHTU IMPLEMENTATION PLAN 31