Amendment status not verified — confirm the current text below against the official source.
Proviso omitted by Act 38 of 1999, s. 6 (w.e.f. 18-12-1999). 7 (3) No order making a premature termination of a prospecting licence 1[or exploration licence] or mining lease shall be, made except after giving the holder of the licence or lease a reasonable opportunity of being heard. (4) Where the holder of a mining lease fails to undertake 2[production and dispatch] for a period of 3[two years] after the date of execution of the lease or having commenced 2[production and dispatch], has discontinued the same for a period of 3[two years], the lease shall lapse on the expiry of the period of 3[two years] from the date of execution of the lease or, as the case may be, discontinuance of the 2[production and dispatch]: 4[Provided that the State Government may, on an application made by the holder of such lease before it lapses and on being satisfied that it shall not be possible for the holder of the lease to undertake production and dispatch or to continue such production and dispatch for reasons beyond his control, make an order, within a period of three months from the date of receipt of such application, to extend the period of two years by a further period not exceeding one year and such extension shall not be granted for more than once during the entire period of lease: Provided further that such lease shall lapse on failure to undertake production and dispatch or having commenced the production and dispatch fails to continue the same before the end of such extended period.] 5[4B. Conditions for efficiency in production. Notwithstanding anything contained in section 4A, the Central Government may, in the interest of maintaining sustained production of minerals in the country, prescribe such conditions as may be necessary for commencement and continuation of production by the holders of mining leases who have acquired rights, approvals, clearances and the like under section 8B.] 6[7[5. Restrictions on the grant of mineral concession.]―8[(1) A State Government shall not grant a 9[mineral concession] to any person unless such person― (a) is an Indian national, or company as defined in 10[clause (20) of section 2 of the Companies Act, 2013 (18 of 2013)]; and (b) satisfies such conditions as may be prescribed: 11[Provided that in respect of any mineral specified in Part A and Part B of the First Schedule, no reconnaissance permit, prospecting licence or mining lease shall be granted except with the previous approval of the Central Government.] 12[Provided further that the previous approval of the Central Government shall not be required for grant of 9[mineral concession] in respect of the minerals specified in Part A of the First Schedule, where,— (i) an allocation order has been issued by the Central Government under section 11A; or (ii) a notification of reservation of area has been issued by the Central Government or the State Government under sub-section (1A) or sub-section (2) of section 17A; or (iii) a vesting order or an allotment order has been issued by the Central Government under the provisions of the Coal Mines (Special Provisions) Act, 2015 (11 of 2015).]