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[Cites 0, Cited by 18] [Section 5] [Entire Act]

Union of India - Subsection

Section 5(1) in Coal Mines (Nationalisation) Act, 1973

(1)Notwithstanding anything contained in section 3 and 4, the Central Government may, if it is satisfied that a Government company is willing to comply, or has complied, with such terms and conditions as that Government may think fit to impose, direct, by an order in writing, that the right, title and interest of an owner in relation to a coal mine referred to in section 3, shall, instead of continuing to vest in the Central Government, vest in the Government company either on the date of publication of the direction or on such earlier or later date (not being a date earlier than the appointed day), as may be specified in the direction.