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[Cites 0, Cited by 0] [Section 2] [Entire Act]

Union of India - Subsection

Section 2(1) in The Minerals (Transfer of Mining Lease Granted Otherwise than through Auction for Captive Purpose) Rules, 2016

(1)In these rules, unless the context otherwise requires, -
(a)"Act" means the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957);
(b)"transfer charges" means the amount to be paid from time to time by the transferee to the State Government as notified in accordance with the provisions of sub-rule (1) of rule 6;
(c)"transferee" means a person to whom a mining lease granted otherwise than through auction to be used for captive purpose is to be transferred;
(d)"transferor" means a person who holds the mining lease to be transferred, which was granted otherwise than through auction and is being used for captive purpose;
(e)"used for captive purpose" means the use of the entire quantity of mineral extracted from the mining lease in a manufacturing unit owned by the lessee;
(f)"value of mineral dispatched" shall have the meaning as specified in sub-rule (2) of rule 8 of the Mineral (Auction) Rules, 2015.