Where on an application for transfer of mining lease under rule 37, the State Government have given consent for transfer of such lease, a transfer lease deed in Form O, or a form as near thereto as possible, shall be executed within three months of the date of the consent, or within such further period as the State Government may allow in this behalf.
1 [38. Amalgamation of leases :- The State Government may , in the interest of mineral development and with reasons to be recorded in writing, permit amalgamation of two or more adjoining leases held by a lessee :
Provided that the period of amalgamated leases shall be co-terminus with the lease whose period will expire first;
Provided further that prior approval of the Central Government shall be required for such amalgamation in respect of leases for minerals specified in Part ‘A’ and Part ‘B’ of the First Schedule to the Act.]
2 [39. Pending applications for transfer and amalgamation :- An application for the transfer of a mining lease or the amalgamation of mining leases pending at the commencement of these rules shall be disposed of in accordance with these rules.]