• Section 5: (1) Subject to subsections (4) and (5), the Minister on behalf of the President and on the recommendation of the Commission may negotiate, grant, revoke, sus¬pend or renew mineral rights in accordance with this Act.
    (2) Where the Minister grants a mineral right, the Minister shall determine the land subject to the grant.
    (3) Where the Minister determines not to grant an application or determines to grant an application over a part of the land applied for, the Minister shall give the applicant written reasons.
    (4) A transaction contract or undertaking involving the grant of a right or concession by or on behalf of a person or body of persons, for the exploitation of a mineral in Ghana shall be subject to ratification by Parliament.
    (5) Parliament may, by resolution supported by the votes of not less than two ¬thirds of all the members of Parliament, exempt from the provisions of subsection (4) of this section a particular class of transactions, contract or undertakings.

    Subject : Minerals property of Republic  
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