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RULE-25

Effect of issue of mining lease or mineral deposit retention licence on-exploration area

Act: Balochistan Mineral Rules 2002

Section Provisions

BALOCHISTAN MINERAL RULES, 2002 BALOCHISTAN MINERAL RULES, 2002 [Gazette of Balochistan, Extraordinary, 9th March, 2002] No. S.O.(MR)4-6/2002, dated 8-1-2002.--In exercise of the powers conferred by section 2, of the Regulation of Mines and Oil-Fields and Mineral Development (Government Control) Act, 1948, (XXIV of 1948) the Government of Balochistan is pleased to make the flowing Rules:-- PART III MINERAL TITLES AND MINERAL CONCESSIONS Division-3 Exploration Licence 25. Effect of issue of mining lease or mineral deposit retention licence on exploration area. - (1) Where a mineral deposit retention licence or a mining lease is issued to the holder of an exploration licence (sic) in area of land in, or which constitutes the exploration area and in respect of it mineral or group of minerals included in the exploration licence- (a) that exploration licence shall cease to have effect in relation to that area of land as from the date on' which the mineral deposit retention licence or a mining lease is issued; and (b) any other exploration licence held by any other person shall so cease to have effect in relation to that area of land unless the licensing authority deems it desirable in the interests of the development of the mineral resources of Balochistan that the licence should not so cease to have effect and, with the agreement of the applicant for the mining lease, so orders in writing on such conditions as the licensing authority may determine.