R.S., c. T-7 Territorial Lands Act 1 Section 12 of the  Territorial Lands Act  is replaced by the following: Acquisition of mining rights 12 The Governor in Council may make regulations for the  acquisition  of mining rights in, under or on territorial lands and the payment of royalties  in respect of the acquisition , but such regulations shall (a) provide that any such acquisition requires the free, prior and informed consent of Inuit and of any other Indigenous peoples who would be directly affected by it; and (b) provide for the protection of and compensation to the holders of surface rights.