Department of Industries, Mines and Geology.

Department of Industries, Mines and Geology. ------------- NOTIFICATION 16 AUGUST, 2017 No.05/kha.Ni.-JMM(Auction)Rules-02/2017-2302-- In exercise of the powers conferred by section 15 of the Mines and Minerals (Regulation and Development) Act, 1957 (67 of 1957), the Governor of Jharkhand exercises power to notify following rules :- CHAPTER I PRELIMINARY Short title and commencement.- (1) These rules may be called the Jharkhand Minor Mineral (Auction) Rules, 2017. They shall come into force on the date of their publication in the Official Gazette. Definitions.- (1) In these rules, unless the context otherwise requires,- "Act" means the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957); "Composite Licence" means prospecting licence-cum-mining lease granted under rule 18; "Mine Development and Production Agreement" means the agreement referred to in sub-rule (4) of rule 10 or sub-rule (8) of rule 18; "Preferred bidder" means the bidder referred to in sub-clause (iii) of clause (b) of sub-rule (4) of rule 9; "Qualified bidders" means the bidder referred to in sub-clause (iv) of clause (a) of sub-rule (4) of rule 9; "Reserve Price" means the minimum percentage of value of mineral despatched as referred to in sub-rule (1) of rule 8; "State Government" means Government of Jharkhand. "Section" means section of the Act; "Schedule" means a Schedule appended to these rules; "Successful bidder" means the bidder as referred to in sub-rule (3) of rule 10 or sub-rule (2) of rule 18; "Technically Qualified Bidders" means the bidder as referred to in sub-clause (ii) of clause (a) of sub-rule (4) of rule 9; "Tender Document" means the tender document issued by the Director, Mines / Deputy Commissioner for conduct of an auction referred to in sub-rule (2) of rule 9;

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