Bare ActsThe KARNATAKA APPOINTMENT OF RECOVERY COMMISSIONER FOR SEIZURE AND ATTACHMENT OF PROPERTY OF ILLEGAL MINING AND PROCEEDS OF ACT, 2025

Section 2

Definitions

Amendment status not verified — confirm the current text below against the official source.

Definitions.- (1) In this Act, unless the context otherwise requires,- (a) "attachment" means the prohibition of transfer, disposal, or movement of property by an order of the Recovery Commissioner; (b) "forfeiture" means the permanent deprivation of rights in property by order of the Recovery Commissioner; (c) "illegal mining" and “illegal mining activity” means illegal extraction, removal or transportation of minerals and illegal mining activities including multiple transactions involving myriad number of lessees, transporters, exporters, stock holders, purchasers and other intermediaries, organized crime, cohesive conspiracy in contravention of the provisions of the Mines and Minerals (Development and Regulation) Act, 1957 (Central Act 67 of 1957) or relevant Laws and rules made there under; (d) “prescribed” means prescribed by rules made under this Act; (e) "property" includes any movable or immovable property, money, valuable security or other assets derived or obtained, directly or indirectly, from illegal mining activities including multiple transactions involving myriad number of lessees, transporters, exporters, stock holders, purchaser and other intermediaries, organized crime, cohesive conspiracy; (f)“Recovery Commissioner” means the officer appointed under section 3; and (g) “State Government” means the Government of Karnataka. (2) All other words and expression used but not defined shall have the same meaning as assigned to them in the Mines and Minerals (Development and Regulation) Act, 1957 (Central Act 67 of 1957) or other relevant Laws and rules made thereunder.

Section 2 – The KARNATAKA APPOINTMENT OF RECOVERY COMMISSIONER FOR SEIZURE AND ATTACHMENT OF PROPERTY OF ILLEGAL MINING AND PROCEEDS OF ACT, 2025 | DailyLaw.ai