Goa, Daman and Diu Mining Concessions (Abolition and Declaration as Mining Leases) Act : PAYMENT OF AMOUNTS

Goa, Daman and Diu Mining Concessions (Abolition and Declaration as Mining Leases) Act,1987

Act No : 16

Section : PAYMENT OF AMOUNTS TO CONCESSION HOLDERS

SECTION 06: PAYMENT OF AMOUNTS TO CONCESSION HOLDERS

Every concession holder specified in the second column of the First and the Second Schedules shall be given by the Central Government, in cash, and in the manner specified in Chapter IV, for the abolition of the mining concessions held by him, and declaring it as a mining lease, undersection 4-, an amount equal to the amount specified against him in the corresponding entry in the eighth column of the First Schedule and the ninth column of the Second Schedule, as the case may be.