The Coking Coal Mines (Nationalisation) Act, 1972
[Act No. 36 of 1972]
[17th August, 1972.]
| Contents |
| Title |
The Coking Coal Mines (Nationalisation) Act, 1972 |
| Sections |
Chaptericulars |
| Chapter I |
Preliminary |
| 1. |
Short title and commencement |
| 2. |
Declaration as to the policy of the State |
| 3. |
Definitions |
| Chapter II |
Acquisition of The Rights of Owners of Coking Coal Mines and Coke Oven Plants |
| 4. |
Acquisition of rights in coking coal mines |
| 5. |
Acquisition of rights of owners of coke oven plants |
| 6. |
Central Government to be the lessee of the State Government |
| 7. |
Power of Central Government to direct vesting rights in a Government company |
| 8. |
Properties vesting in Central Government to be freed from mortgages, etc |
| 9. |
Central Government not to be liable for prior liabilities |
| Chapter III |
Payment of Amount |
| 10. |
Payment of amount to owners of coking coal mines |
| 11. |
Payment of amount to owners of coke oven plants |
| 12. |
Payment of further amount |
| 12A. |
Workers' dues to be paid out of the amount |
| 13. |
Income derived by the owners of coking coal mines and coke oven plants after the appointed day to be refunded to the Central Government |
| Chapter IV |
Management, Etc., of Coking Coal Mines and Coke Oven Plants |
| 14. |
Management, etc., of coking coal mines and coke oven plants |
| 15. |
Duty of persons in charge of management of coking coal mines or coke oven plants to deliver all assets, etc |
| 16. |
Accounts and audit |
| Chapter V |
Provisions Relating To Employees of Coking Coal Mines and Coke Oven Plants |
| 17. |
Liability of officer or other employee of a coking coal mine or coke oven plant for transfer to any other coking coal mine or coke oven plant |
| 18. |
Provident fund |
| 19. |
Superannuation, welfare and other funds |
| Chapter VI |
Commissioner of Payments |
| 20. |
Commissioner of Payments to be appointed |
| 21. |
Payment by the Central Government to the Commissioner |
| 22. |
Statement of accounts in relation to the period of management by the Central Government, etc |
| 22A. |
Validation of certain collections |
| 23. |
Claims to be made to the Commissioner |
| 23A. |
Application of sections 5 and 12 of the Limitation Act |
| 24. |
Disbursement of money by the Commissioner |
| 24A. |
Interest on admitted claims |
| 25. |
Recovery of excess payments made by Central Government or Custodian |
| 25A. |
Notice to owners of coking coal mines or coke oven plants and managing contractors, etc |
| 26. |
Disputes how to be dealt with |
| 27. |
Undisbursed or unclaimed amounts to be deposited to the general revenue account |
| Chapter VII |
Miscellaneous |
| 28. |
Effect of Act on other laws |
| 29. |
Contracts cease to have effect unless ratified by the Central Government |
| 30. |
Penalties |
| 31. |
Offences by companies |
| 32. |
Mining companies not to be wound up by court |
| 33. |
Delegation of powers |
| 34. |
Power to make rules |
| 35. |
Power to remove difficulties |
| 36. |
Coking coal mines to which the Act shall not apply |
| The Schedules |
|
| Schedules I |
[See sections 4 and 10] |
| Schedules II |
[See sections 5 and 11] |