Ins. by Act 28 of 2025, s. 12 (w.e.f. 1-9-2025). — LIST OF AMENDING ACTS

1. Ins. by Act 28 of 2025, s. 12 (w.e.f. 1-9-2025). STATEMENT OF OBJECTS AND REASONS The differentiation made between petroleum and other minerals in items 53 & 54 of the Union List has rendered separate enactments for the two necessary. The present Bill deals only with other minerals. At present both are dealt with under the Mines & Minerals (Regulation Development) Act, 1948 (53 of 1948). Opportunity has been taken of putting forward this legislation to make some necessary changes in the provisions of the existing Act dictated by experience. These changes to: (ⅰ) The prescription of a maximum limit of 50 square miles for a prospecting licence [Clause 6 (1)]. (ii) The grant of a second renewal to the holder of a mining lease for iron ore and bauxite under certain circumstances [Clause 8 (2)]: (iii) The authorisation of the Central Government to undertake prospecting and mining operations in any land after prior consultation with the State Government [Clause 16]: (iv) The promulgation of rules for the beneficiation of low grade ores (Clame17 (2) c): (v) The recovery of royalty, dead rent and other sums due to Government in the same manner as arrears of land revenue [Clause 24]; and (vi) The delegation of certain powers to State Governments and by State Governments to their subordinate authorities. (Clause 25): A number of provisions hitherto dealt with under the rule making powers of the Central Government have been transferred to the Act in order to restrict the scope of subsidiary legislation. These provisions are:- (i) No concession shall be granted to a person not in possession of a certificate of approval. (ii) The maximum period for which a prospecting licence or a mining lease may be granted [Clauses 7 &8]: (iii) Authorisation of State Governments to prescribe prospecting licence fees within specified limits (Clause 9): (iv) The power to prescribe rates of royalty for various minerals (Clause 10 and Schedule 2): (v) Applications for prospecting licences and mining leases to be made in prescribe forms [Clause 11 (1)]: (vi) The priorities to be observed in the grant of prospecting licences and mining lease [Clause 12 (2)]: (vii) The power to make rules for regulating the grant of mineral concessions (Clause 14). NEW DELHI: 22nd June, 1957. K.D. MALAVIYA. _________

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