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Section 53: Chapters III and IV to apply to prospecting licences and mining leases in respect of minerals which vest partly in Government and partly in private persons

Mineral Concession Rules,1960State Rules of Chhattisgarh · 1957

The provisions of chapters III and IV shall apply in relation to the grant of prospecting licences and mining leases in respect of minerals which vest partly in the Government and partly in a private person as they apply in relation to the grant of prospecting licences and mining leases in respect of minerals which vest exclusively in the Government :

Provided that the dead rent and royalty payable in respect of mineral which partly vest in the Government and partly in a private person shall be shared by the Government and by that person in proportion to the shares they have in the minerals.

45

CHAPTER VII Revision

Where this provision sits

ActMineral Concession Rules,1960
Section53
Marginal noteChapters III and IV to apply to prospecting licences and mining leases in respect of minerals which vest partly in Government and partly in private persons
JurisdictionState of Chhattisgarh
StatusIn force as published by the source

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