Coal Mines (Nationalisation) Act, 1973 (No. 26 of 1973). Country/Territory India Document type Legislation Date 1973 Source FAO, FAOLEX Long titleAn Act to provide for the acquisition and transfer of the right, title and interest of the owners in respect of the coal mines specified in the Schedule with a view to re-organising and reconstructing such coal mines so as to ensure the rational, co-ordinated and scientific development and utilisation of coal resources consistent with the growing requirements of the country, in order that the ownership and control of such resources are vested in the State and thereby so distributed as best to subserve the common good, and for matters connected therewith or incidental thereto. Subject Energy, Mineral resources Keyword Mining Offences/penalties Authorization/permit Coal Energy conservation/energy production Exploration Geographical area Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia Entry into force notes Sections 30 and 31 enter into force immediately and the remaining provisions of this Act shall be deemed to enter into force on the 1 May 1973. Abstract This Act seeks to grant the Central Government the right, title and interest of the coal mines specified in the Schedule of the Act and states that the government shall make payments as mentioned in the Act to the former owners of the coal mines. The Act also contains provisions on the management of coal mines, appointment of a Commissioner of Payments who shall have the power to hear claims of coal mines owners against non-payment by the government. Additionally, the Act lists out the penalties for violation of provisions of this Act. Full text English Website lawmin.nic.in References - Legislation Amended by Coal Mines Nationalisation Laws (Amendment) Act, 1986 (No. 57 of 1986). Legislation | India | 1986 Keyword: Environmental standards, Energy conservation/energy production, Coal, Legal proceedings/administrative proceedings, Standards, Protection of environment Source: FAO, FAOLEX