COAL MINES (NATIONALISATION) ACT, 1973

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S.1 Short title and commencement

S.2 Definitions

S.3 Acquisition of rights of owners in respect of coal mines

S.4 Central Government to be the lessee of the State Government

S.5 Power of Central Government to direct vesting of rights in a Government company

S.6 Properties vested in the Central Government to be freed from mortgages etc

S.7 Central Government or Government company not to be liable for prior liabilities

S.8 Payment of amount to owners of coal mines

S.9 Payment of further amount

S.10 Income derived by the owners of coal mines after the appointed day to be refunded to the Central Government

S.11 Management, Etc., Of Coal Mines

S.12 Duty of persons in charge of management of coal mines to deliver all assets, etc

S.13 Accounts and audit

S.14 Liability of officer or other employee of a coal mine for transfer to any other coal mine

S.15 Provident and other funds

S.16 Superannuation fund, etc., to be distributed to employees whose employment becomes terminated under this Act

S.17 Commissioner of Payments to be appointed

S.18 Payment by the Central Government to the Commissioner

S.19 Statement of accounts in respect of the period of management by the Central Government, etc

S.19(a) Validation of certain collections

S.20 Claims to be made to the Commissioner

S.21 Priority of claims in relation to arrears of providend fund, etc

S.22 Priority in relation to other claims

S.23 Admission or rejection of claims

S.23(a) Application of sections 5 and 12 of the Limitation Act

S.24 Disbursement of money by the Commissioner to claimants

S.24(a) Interest on admitted claims

S.25 Recovery of excess payments made by Central Government or Custodian

S.25(a) Notice to owners of coal mines and managing contractors, etc

S.26 Disbursement of amounts to the owners of coal mines

S.27 Undisbursed or unclaimed amounts to be deposited to the general revenue account

S.28 Effect of this Act on other laws

S.29 Contracts to cease to have effect unless ratified by Government

S.30 Penalties

S.31 Offences by companies

S.32 Mining companies not to be wound up by the Court

S.33 Delegation of powers,

S.34 Power to make rules

S.35 Power to remove difficulties

Sch.1 Schedule I

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