Section 54
SEC. 54. Notice of Revenue Payments to Director. -Within thirty (30) days from the date of the payment of the rentals or royalties due on any mining lease or minerals extracted therefrom, the lessee shall submit to the Director copies of receipt of such payment, and the names of the mining claims, lease number, and the names of persons, partnerships or corporations for which such payment has been made. Failure to submit copies of such receipt, information or document shall be deemed as non-payment of same and may cause the cancellation of the lease contract. The Director shall keep a record of receipt of such information.