{"id":249910,"date":"2021-06-17T16:07:11","date_gmt":"2021-06-17T10:37:11","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=249910"},"modified":"2021-06-17T16:07:11","modified_gmt":"2021-06-17T10:37:11","slug":"minerals-other-than-atomic-and-hydro-carbons-energy-minerals-concession-third-amendment-rules-2021","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/06\/17\/minerals-other-than-atomic-and-hydro-carbons-energy-minerals-concession-third-amendment-rules-2021\/","title":{"rendered":"Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Third Amendment) Rules, 2021"},"content":{"rendered":"<p style=\"text-align: justify;\">The Ministry of Law and Justice has notified Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Third Amendment) Rules, 2021. The Rules shall come into force on July 1, 2021. The Rules, 2021 amends Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016 in the following manner:<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">In rule 12A, following sub-sections have been inserted :<\/p>\n<ul style=\"text-align: justify;\">\n<li>(1A) In case of shortfall in dispatch from the minimum dispatch required under sub-rule (1), which shall be assessed on a quarterly basis, the lessee shall, in addition to the amounts payable under rule 13 of the Mineral (Auction) Rules, 2015 (hereinafter referred to as the Auction Rules) for the actual dispatch, also pay to the State Government, an amount equal to the difference between the following, namely:\u2014<\/li>\n<\/ul>\n<ol>\n<li style=\"list-style-type: none;\">\n<ol style=\"text-align: justify;\">\n<li>the amounts payable under rule 13 of the Auction Rules for the quantity equal to the minimum dispatch required under sub-rule (1) in the said quarter on the basis of the weighted average of grade of minerals dispatched during the quarter; and<\/li>\n<li>the amounts paid under rule 13 of the Auction Rules for the quantity actually dispatched in the said quarter:<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<p style=\"text-align: justify;\">Provided that a reconciliation of the amounts paid under rule 13 of the Auction Rules shall be done at the end of the year and on such reconciliation, if it is found that the lessee has dispatched more than or equal to the minimum dispatch required under sub-rule (1) for that year as a whole, then any amount paid by lessee for the shortfall in dispatch in any quarter or quarters of that year shall be adjusted with the amounts to be paid for the last quarter of that year:<\/p>\n<p style=\"text-align: justify;\">Provided further that the amount payable under this sub-rule shall be in addition to any appropriation of performance security for non-compliance of any minimum production or dispatch requirement under the Mine Development and Production Agreement.<\/p>\n<ul style=\"text-align: justify;\">\n<li>(1B) Where the lessee does not maintain minimum dispatch required under sub-rule (1) for the year as a whole, the State Government may terminate such lease after giving the lessee a reasonable opportunity of being heard.<\/li>\n<li>(1C) In cases where the mining lease is executed on or before the commencement of the Mineral (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Third Amendment) Rules, 2021, the provisions of sub-rule (1A) and (1B) shall apply after a period on one year from the date of such execution of mining lease or the date of commencement of the Mineral (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Third Amendment) Rules, 2021, whichever is later.<\/li>\n<li>In 12A(2), the following proviso shall be inserted, namely:\u2014<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">\u201cProvided that the new lessee shall also ensure that at least eighty percent of such annual production is dispatched in the said year.\u201d.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><span style=\"color: #000080;\">*Tanvi Singh, Editorial Assistant has put this story together.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Law and Justice has notified Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Third Amendment) Rules, 2021. <\/p>\n","protected":false},"author":121,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,15],"tags":[],"class_list":["post-249910","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-rules_regulations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Minerals (Other than Atomic and Hydro 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Energy Minerals) Concession Amendment Rules, 2022","author":"Prachi Bhardwaj","date":"March 16, 2022","format":false,"excerpt":"On 15th March, 2022, Ministry of Mines notified Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Amendment Rules, 2022 which amends rules of Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016 to provide changes for the State Government granting mineral concessions to calculate the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":91791,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/12\/12\/the-minerals-other-than-atomic-and-hydro-carbons-energy-minerals-concession-rules-2016-notified\/","url_meta":{"origin":249910,"position":1},"title":"The Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016, notified","author":"Saba","date":"December 12, 2016","format":false,"excerpt":"G.S.R. 1120(E).\u2014 In exercise of the powers conferred by Section 13 of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957), the Central Government hereby makes the following rules to amend the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016, namely:\u2014 \u00a01. (1)\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":25631,"url":"https:\/\/www.scconline.com\/blog\/post\/2015\/11\/10\/comments-sought-on-the-draft-minerals-other-than-atomic-and-hydro-carbons-energy-minerals-concession-rules-2015\/","url_meta":{"origin":249910,"position":2},"title":"Comments sought on the draft \u2018Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2015\u2019","author":"Sucheta","date":"November 10, 2015","format":false,"excerpt":"The Ministry of Mines prepared the draft \u2018Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2015\u2019 for the provisions relating to grant and regulation of mineral concessions under the Mines and Minerals (Development and Regulation) Act, 1957.\u00a0 The Ministry placed the draft rules on the website of\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":256734,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/04\/ministry-of-mines-revokes-mineral-mining-by-government-company-rules-2015\/","url_meta":{"origin":249910,"position":3},"title":"Ministry of Mines revokes Mineral (Mining by Government Company) Rules, 2015","author":"Bhumika Indulia","date":"November 4, 2021","format":false,"excerpt":"On November 02, 2021, the Ministry of Mines has issued a notification to revoke the notification G.S.R. 927(E) dated the December 03, 2015 which specified Mineral (Mining by Government Company) Rules, 2015. Notwithstanding such rescission, anything done or any action taken under the Mineral (Mining by Government Company) Rules, 2015,\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":218616,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/08\/26\/offshore-areas-mineral-concession-amendment-rules-2019\/","url_meta":{"origin":249910,"position":4},"title":"Offshore Areas Mineral Concession (Amendment) Rules, 2019","author":"Bhumika Indulia","date":"August 26, 2019","format":false,"excerpt":"G.S.R. 595(E)\u2014 In exercise of the powers conferred by Section 35 of the Offshore Areas Mineral (Development and Regulation) Act, 2002, the Central Government hereby makes the following Rules to amend the Offshore Areas Mineral Concession Rules, 2006, namely:\u2014 1. (1) These rules may be called the Offshore Areas Mineral\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/Min-Mines.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/Min-Mines.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/Min-Mines.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/Min-Mines.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/08\/Min-Mines.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":256736,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/04\/mineral-auction-third-amendment-rules-2021\/","url_meta":{"origin":249910,"position":5},"title":"Mineral (Auction) Third Amendment Rules, 2021","author":"Bhumika Indulia","date":"November 4, 2021","format":false,"excerpt":"On November 02, 2021, the Ministry of Mines has issued the Mineral (Auction) Third Amendment Rules, 2021 to further amend the Mineral (Auction) rules 2015. Key highlights: \u00a0 In Rule 6, which specifies Eligibility of Mining Lease, in sub-rule (3) the following Explanation has been Inserted, namely: \u201cExplanation.\u2014 This sub-rule\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/249910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/121"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=249910"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/249910\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=249910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=249910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=249910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}