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[Cites 0, Cited by 0] [Section 27] [Entire Act]

State of Rajasthan - Subsection

Section 27(9) in Rajasthan Minor Mineral Concession Rules, 2017

(9)Transfer of lease or licence shall be permitted subject to payment of one time premium at the time of transfer and shall not be adjusted against dead rent, annual license fees or royalty, as the case may be, as mentioned below, -
S. No. Residual period of lease or licence Premium
1 2 3
1. Upto five years Two times of annual dead rent or annual licencefee
2. More than five years and upto ten years Four times of annual dead rent or annual licencefee
3. More than ten years and upto fifteen years Six times of annual dead rent or annual licencefee
4. More than fifteen years and upto twenty years Eight times of annual dead rent or annuallicence fee
5. More than twenty years Ten times of annual dead rent or annual licencefee per rates specified in the District Mineral
Provided that amount of premium shall not be more than ten lacs.Provided further that lessee or licencee who obtained lease or licence through tender or auction shall not be required to pay additional premium amount over and above the existing premium amount.