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Regional Law No. 171-V-Z “On subsoil management for extraction of widespread mineral deposits”.

Country/Territory
Russian Federation
Territorial subdivision
Kalmykia
Document type
Legislation
Date
2016
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Concession Authorization/permit Exploration Minerals Mining Contract/agreement
Geographical area
Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific
Entry into force notes
This Law enters into force ten days after the date of its official publication.
Abstract

This Regional Law establishes the modalities of concession and rational management of plots of subsoil, containing widespread mineral deposits, for exploration and mining in accordance with mining licence. Concession of subsoil parcels can be granted in the presence of the following: (a) by the outcome of tender for the right of use of plot of subsoil for exploration and mining; (b) in case of discovery of widespread mineral deposit by subsoil manager in the course of exploration activity, except for cases when such activity was carried out in accordance with public contract for exploration of subsoil; and (c) in accordance with regional plan exploration of subsoil validated by the competent regional body.

Full text
Russian
Website
publication.pravo.gov.ru