Section 72: Payment of compensation to owner of surface rights etc

Mineral Concession Rules,1960State Rules of Chhattisgarh · 1957

1 [(1) The holder of a reconnaissance permit or prospecting licence or mining lease shall be liable to pay to the occupier of the surface of the land over which he holds the reconnaissance permit or prospecting licence or mining lease, as the case may be, such annual compensation as may be determined by an officer appointed by the State Government by notification in this behalf in the manner provided in subrules (2) to (4).]

(2) In the case of agricultural land, the amount of annual compensation shall be worked out on the basis of the average annual net income from the cultivation of similar land for the previous three years.

(3) In the case of non-agricultural land, the amount of annual compensation shall be worked out on the basis of average annual letting value of similar land for the previous three years.

(4) The annual compensation referred to in sub-rule (1) shall be payable on or before such date as may be specified by the State Government in this behalf.

Where this provision sits

Act	Mineral Concession Rules,1960
Section	72
Marginal note	Payment of compensation to owner of surface rights etc
Jurisdiction	State of Chhattisgarh
Status	In force as published by the source

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