MINES AND MINERALS
(DEVELOPMENT AND REGULATION) ACT, 1957
(No. 67 of 1957)
(As ammended up to 20th December, 1999)
MINISTRY OF MINES
New Delhi, the 12th September, 2000
G.S.R. 714(E).- In exercise of the powers conferred by sub-section (2) of section 9A of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957), the Central Government hereby makes with immediate effect, the following amendments to the Third Schedule to the said Act, namely :-
In the Mines and Minerals (Development and Regulation) Act, 1957, for the Third Schedule, the following Schedule shall be substituted, namely :
"THE THIRD SCHEDULE"
(See section 9A)
RATES OF DEAD RENT
(APPLICABLE FOR ALL STATES AND UNION TERRITORIES EXCEPT THE STATE OF WEST BENGAL)
1) The rates of dead rent applicable to the leases other than those obtained for supply of raw material to the industry owned by the concerned lessee :
(Rates of Dead Rent in Rupees per hectare per annum)
||Category of The mining Lease
||1st year of the lease
||2nd to 5th year of the lease
||6th to 10th year of the lease
||11th year of the lease and onwards
||Lease area upto 50 hectares
||Lease area above 50 hectares but not exceeding 100 hectares
||Lease area above 100 hectares
2) In the case of lease obtained for the supply of raw material for the industry owned by the concerned lessee, the rates of dead rent would be applicable as given in respect of item number (a) above, irrespective of the lease area and the value of mineral.
3) One and half times the rates specified in item numbers (a), (b) and (c) above in case of leases granted for medium value mineral(s).
4) Two times the rates specified in item numbers (a), (b) and (c) above in case of leases granted for high value mineral(s).
Note : For the purpose of this notification, -
- "high value minerals" means gold, silver, diamond, ruby, sapphire, emerald and all other gemstones (precious, semi-precious stones), copper, lead, zinc, asbestos (chrysotile variety), corundum, mica.
- "medium value minerals" means agate, chromite, manganese ore, sillimanite, vermiculite, magnesite, wollastonite, perlite, diaspore, apatite and rock phosphate, fluorspar (or fluorite), barytes.
- "low value minerals" means minerals other than high value minerals and medium value minerals.
(2) the rates of dead rent for the State of West Bengal shall remain the same as specified in the notification of the Government of India in the Ministry of Steel and Mines (Department of Mines) No. G.S.R. 458(E), dated the 5th May, 1987.”.
(F. No. 3/4/98-MVI)
(S. P. GUPTA)
JOINT SECRETARY TO GOVERNMENT OF INDIA
Note : The Third Schedule was amended earlier, vide notification numbers :-
- GSR No. 458(E), dated 5th May, 1987.
- GSR No. 856(E), dated 14th October, 1987.
- GSR No. 214(E), dated 11th April, 1997.