THIRD SCHEDULE — LIST OF AMENDING ACTS — Roop's Law Assist Statutes

1 [THIRD SCHEDULE (See section 9A) Rates of Dead Rent Rates of dead rent applicable to the leases granted for low value minerals are as under: Two times the rate specified at paragraph 1 above in case of lease granted for medium value minerals. Three times the rate specified at paragraph 1 above in case of lease granted for high value minerals. Four times the rate specified at paragraph 1 above in case of lease granted for precious metals and stones. Note: For the purpose of this notification:— (a) " precious metals and stones" means gold, silver, diamond, ruby, sapphire and emerald; (b) " high value minerals" means semi-precious stones (agate, gem garnet), corundum, copper, lead, zinc, and asbestos (chrysotile variety); (c) " medium value minerals" means chromite, manganese ore, kyanite, sillimanite, vermiculite, magnesite, wollastonite, perlite, diaspore, apatite, rock phosphate, fluorite (fluorspar), barytes, and iron ore; (d) " low value minerals" means the minerals other than precious metals and stones, high value minerals and medium value minerals.]

Section 1