1 [101A.Grant of forest produce on seigniorage rate
1 [(1)] The State Government maygrant to any person, any tree, wood or timber or other forest produce in anydistrict or reserve forest on payment by such person, such seigniorage value asmay 2 [x x x], subject to general or special orders of the State Government,1 [be fixed] by the Chief Conservator of Forests.]
3 [Providedthat no seigniorage value shall be payable in respect of bark for the periodfrom the Nineteenth day of February, 1981 to the Thirty-first day of August,1983:
Providedfurther that the State Government may, for a period of ten years from the Firstday of October, 1983, and on payment of fifty per cent of such seignioragevalue, grant to any person eucalyptus or bamboos for the manufacture of newsprint.]
4 [(2)The holder of a lease or agreement or any other document granted or enteredinto prior to the commencement of the Karnataka Forest (Amendment) Act, 1980and providing for supply of any tree, wood, timber or other forest produce bythe State Government shall, notwithstanding anything contained in theinstrument of lease or agreement or other document or in any law in force atsuch commencement, pay, in respect of such tree, wood, timber or other forestproduce received by him after such commencement, value (by whatever namecalled) at the rate for the time being specified in the rules made or ordersissued under sub-section (1), in respect of such tree, wood, timber or otherforest produce.
(3)The holder of any such lease, agreement or document, granted or entered intoafter the commencement of the Karnataka Forest (Amendment) Act, 1980notwithstanding anything contained in such lease, agreement or document shall,pay, in respect of any tree, wood, timber or other forest produce received byhim, value (by whatever name called) at the rate for the time being specifiedin the rules made or orders issued under sub-section (1), in respect of suchtree, wood, timber or other forest produce.
(4)The rates specified in the rules made or orders issued under sub-section (1),may be modified from time to time by the Chief Conservator of Forests:
Providedthat the Chief Conservator of Forests shall not enhance the rate or value inrespect of any tree, wood, timber or other forest produce more than once duringany period of two years.]
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1. Section 101A Inserted by Act 1 of 1981 w.e.f. 1.6.1969 and renumbered hassub-section (1) by Act 1 of 1981 w.e.f. 23.2.1981.
2. Omittedby Act 1 of 1981 w.e.f. 23.2.1981.
3. Inserted by Act 10 of 1989 w.e.f. 23.2.1981.
4. Inserted byAct 1 of 1981 w.e.f. 23.2.1981.