“royalty” means the royalty imposed by this Act;

“Republic” means the Republic of South Africa and includes the sea as defined in section 1 of the Mineral and Petroleum Resources Development Act;

“refined mineral resource” means a mineral resource—

(a)     listed solely in Schedule 1; or

(b)     listed in Schedule 1 and Schedule 2 that has been refined to or beyond the condition specified in Schedule 1 for that mineral resource;

“person” includes an insolvent estate, the estate of a deceased person and a trust;

“mineral resource” means a mineral or petroleum as defined in section 1 of the Mineral and Petroleum Resources Development Act, regardless of whether that mineral or petroleum undergoes processing (as defined in section 1 of that Act) or manufacturing;

“Mineral and Petroleum Resources Development Act” means the Mineral and Petroleum Resources Development Act, 2002 (Act 28 of 2002);

“Income Tax Act” means the Income Tax Act, 1962 (Act 58 of 1962);

“gross sales” means gross sales mentioned in section 6;

“extractor” means a person mentioned in section 2;

“earnings before interest and taxes” means earnings before interest and taxes mentioned in section 5;