The Mines and Minerals (Contribution to District Mineral Foundation) Amendment Rules, 2021
The Ministry of Mines on June 25, 2021 has issued the Mines and Minerals (Contribution to District Mineral Foundation) Amendment Rules, 2021 to further amend the Mines and Minerals (Contribution to District Mineral Foundation) Rules, 2015. The following amendments have been made : Rule 2, which specifies Amount of contribution to be made to District Mineral Foundation has been amended, namely : For the words “prospecting licence-cum-mining lease”, at both the places where they occur, the words “composite licence” have been substituted; In clause (a), after the figures, letters and word “12th January, 2015”, the words, brackets, figures and letter “, other than those mineral concessions which are covered under the provisions of sub-section (2) of section 10A” have been inserted; In clause (b), after the figures, letters and word “12th January, 2015”, the words, brackets, figures and letter “and those mining leases covered under the provisions of sub-section (2) of section 10A” have been inserted. After clause (b), the following proviso has been inserted namely: — “Provided that the amount calculated at the rate specified at clause (b) of rule 2 in respect of the mining leases covered under the provisions of sub-section (2) of section 10A has to be paid with effect from March 28, 2021.”
