Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Chhattisgarh Mineral Development Fund Act, 2003 (Act No. 22 of 2003).

Country/Territory
India
Territorial subdivision
Chhattisgarh
Document type
Legislation
Date
2003
Source
FAO, FAOLEX
Long title
An Act to make special provisions for creation of Mineral Development Fund for the State of Chhattisgarh and its utilisation towards mineral exploration and development of mining activities in the State.
Subject
Mineral resources
Keyword
Special fund Minerals Mining Exploration Offences/penalties
Geographical area
Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia
Entry into force notes
This Act enters into force on the day of its publication in the Official Gazette.
Abstract

The purpose of this Act is to create the Mineral Development Fund for the State of Chhattisgarh and provide for its proceedings towards mineral exploration and development of mining activities in the State. The Fund so created shall be assigned to the Directorate of Geology and Mining and the Chhattisgarh Mineral Development Corporation. The Fund may be used for the following activities: a) carrying out the functions and activities of the Directorate or Geology and Mining specially for investigation and exploration of mineral deposits in the state, and b) carrying out the activities of the Corporation, such as exploitation of minerals, partnership in Joint Ventures, providing infrastructures in mines and also for other purposes connected with mining activities for functions for promoting mineral based industries in the State in accordance with the State Mineral Policy.

Full text
English
Website
www.lawsofindia.org