RULE-105

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 V FINANCIAL 105. Reduction, or deferment of royalty. - (1) Subject to sub-rule (2), the Government, on the advice of the Department and with the concurrence of the Department of Finance, on application made in writing by the holder of a mineral title; or mining lease (Small Scale Mining) may, by notice in writing to the holder- (a) reduce the royalty or penalty payable in terms of this Part; or (b) defer payment of any such royalty or penalty; for such period and on such conditions as may be determined by the Government and specified in the notice, or may refuse to so reduce or defer the royalty or penalty payable. (2) Tile Government may reduce or defer the royalty or penalty payable in accordance with sub-rule (1) only when the holder of the mining title or mining lease (S.S.M) has demonstrated to the satisfaction of the Department and the Department of Finance that, in the absence of the reduction or deferral, the mining operations would, for economic reasons, otherwise permanently cease or be Suspended for an indefinite period.