#THE COAL INDIA (REGULATION OF TRANSFERS AND VALIDATION) ACT, 2000
##ARRANGEMENT OF SECTIONS
SECTIONS
#THE COAL INDIA (REGULATION OF TRANSFERS AND VALIDATION) ACT, 2000
##ACT NO. 45 OF 2000
[8th December, 2000.]
An Act to empower the Central Government to direct the transfer of the land, or of the rights in or over land or of the right, title and interest in relation to a coal mine, coking coal mine or coke oven plant, vested in the Coal India Limited or in a subsidiary company to any subsidiary company of Coal India Limited or any other subsidiary company and to validate certain transfers of such land or rights.
BE it enacted by Parliament in the Fifty-first Year of the Republic of India as follows:—
Short title.—This Act may be called the Coal India (Regulation of Transfers and Validation) Act, 2000.
Definitions.—In this Act, unless the context otherwise requires,—
(a) “Coal India” means the Coal India Limited, a Government company incorporated under the Companies Act, 1956 (1 of 1956) having its registered office at Calcutta and includes its predecessor Government company, namely, the Coal Mines Authority Limited;
(b) “subsidiary company” means the following subsidiary companies of Coal India, namely:—
(i) the Central Coal Fields Limited, Ranchi and includes its predecessor Government
company, namely, the National Coal Development Corporation Limited, Ranchi;
(ii) the Bharat Coking Coal Limited, Dhanbad;
(iii) the Western Coal Fields Limited, Nagpur;
(iv) the Eastern Coal Fields Limited, Sanctoria;
(v) the Central Mine Planning and Design Institute Limited, Ranchi;
(vi) the South-Eastern Coal Fields Limited, Bilaspur;
(vii) the Northern Coal Fields Limited, Singrauli;
(viii) the Mahanadi Coal Fields Limited, Sambalpur;
and includes such other subsidiary company of Coal India as may be incorporated under the Companies Act, 1956 (1 of 1956) from time to time;
(c) words and expressions used herein and not defined but defined in the Coking Coal Mines (Nationalisation) Act, 1972 (36 of 1972) or the Coal Mines (Nationalisation) Act, 1973 (26 of 1973), shall have the meanings, respectively, assigned to them in those Acts.
(2) Where the land or right in or over such land or the right, title and interest in relation to a coal mine, coking coal mine or a coke over plant vest in a subsidiary company under sub-section(1), such subsidiary company shall, on and from the date of such vesting, be deemed to have become the lessee in relation to such coal mine or coking coal mine as if a fresh mining lease in relation to such coal mine or coking coal mine had been granted to it under the Mineral Concession Rules, 1960 made under section 13 of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957) for the maximum period for which such lease could have been granted under those rules, and all the rights and liabilities of Coal India or, as the case may be, the subsidiary company in relation to such coal mine or coking coal mine shall, on and from the date of such vesting, be deemed to have become the rights and liabilities, respectively, of subsidiary company first-mentioned.