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RULE-36

Duration of mineral deposit retention licence

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-4 Mineral deposit retention licence 36. Duration of mineral deposit retention licence.- (1) Subject to these Rules a mineral deposit retention licence shall be valid for such period; not exceeding two dears, as may be specified in the licence and for the period of any renewal thereof provided such renewal shall not exceed one year. (2) Notwithstanding sub-rule (1) but subject to these Rules, where the licensee applies for- (a) the renewal of a mineral deposit retention licence, the-licence shall not expire until - (i) the application is refused or withdrawn or lapses, whichever first occurs; or (ii) if the application is granted until the instrument of renewal is issued to the applicant; or (b) the grant of a mining lease in relation to an area of land in or which constitutes the retention area, and in respect of any mineral or group of minerals included in the licence, the licence shall not expire in relation to that area of land and that mineral or groups of minerals until - (i) the application is refused or withdrawn or lapses, whichever first occurs: or (ii) if the application is granted the mining lease is issued to the applicant. (3) Where a mining lease is issued to the holder of a mineral deposit retention licence in respect of alt area of land forming part of the retention area and any mineral or group of minerals included in the mineral deposit retention licence- (a) that licence shall cease to have effect in relation to tile area of land as from the date of the issue of the mining lease; (c) any other mineral deposit retention licence shall so cease to have effect unless, with the agreement of the licensee to whom the mining lease is issued, the licensing authority determines otherwise subject to conditions as specified in the rules.