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[Cites 0, Cited by 0] [Section 11B] [Entire Act]

State of Bihar - Subsection

Section 11B(1) in Bihar Minor Mineral Concession Rules, 1972

(1)Every settlee of sand as minor mineral shall deposit the amount equivalent to ten percentum of auctioned amount as security for due observance of terms and conditions of settlement which shall be refunded after the expiry of the period of settlement by the Competent Officer unless the same will be withheld in part or in full by the Competent Officer for reasons to be recorded in writing including non-payment of mining dues.