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Section 6: Disposal of uranium.

The Atomic Energy Act, 1962Central Act · Act 33 of 1962

(1) No minerals, concentrates and other materials which contain uranium in its natural state in excess of such proportion as may be prescribed by notification by the Central Government shall be disposed of except with the previous permission in writing of the Central Government and in accordance with such terms and conditions as it may impose.

(2) The Central Government may serve notice on any person who has produced any mineral, concentrate or other material referred to in sub-section (1) that the Central Government [proposes to compulsorily acquire it and upon the service of the notice], the mineral, concentrate or other material shall become the property of the Central Government and shall be delivered to the Central Government or as it may direct:

* * * * *

[(3) Compensation in respect of acquisition under sub-section (2) shall be paid in accordance with section 21 and in determining such compensation regard shall be had to the cost of production of such mineral, concentrate or other material and such other factors as may be relevant but no account shall be taken of the value of uranium in its natural state contained therein.]

Where this provision sits

ActThe Atomic Energy Act, 1962
Section6
Marginal noteDisposal of uranium.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted, Act 59 of 1986. . Subs. by Act 59 of 1986, s. 2, for certain words (w.e.f. 21-9-1962),
  • omitted, Act 59 of 1986. . The proviso omitted by Act 59 of 1986, s. 2 (w.e.f. 21-9-1962).
  • inserted. . Ins. by s. 2, ibid. (w.e.f. 21-9-1962).

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