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Coking Coal Mines (Nationalisation) Act, 1972 Chapter I

Title: Preliminary

State: Central

Year: 1972

.....Act; (e) "Commissioner" means the Commissioner of Payments appointed under section 20; (f) "Custodian" means the Custodian appointed under sub-section (2) of section 14, to take over, or carry on, the management of a coking coal mine or coke oven plant; (g) "date of assent" means the date on which assent is given by the President to this Act; (h) "Government company" has the meaning assigned to it by section 617 of the Companies Act, 1956. (i) "managing contractor" means the person or body of persons, who with the previous consent in writing of the State Government, has entered into an arrangement, contract or understanding, with the owner of a coking coal mine or coke oven plant under which the operations of the coking coal mine or coke oven plant are substantially controlled by such person or body of persons; (j) "mine" means any excavation where any operation for the purpose of searching for or obtaining minerals has been or is being carried on, and includes-- (i) all borings and bore holes; (ii) all shafts adjacent to, and belonging to or in, a mine, whether in the course of being sunk or not; (iii) all levels and inclined planes in the course of being.....

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Coking Coal Mines (Nationalisation) Act, 1972 Section 3

Title: Definitions

State: Central

Year: 1972

.....otherwise requires,-- (a) "appointed day" means the 1st day of May, 1972; (b) "coke oven plant" means the plant and equipment with which the manufacture of hard coke has been, or is being, carried on, and includes-- (i) all lands, buildings, works, machinery and equipment, vehicles, railway, tramways and sidings, belonging to, or in, the coke oven plant, (ii) all workshops belonging to the coke oven plant, including buildings, machinery, instrument, stores, equipment of such workshops and the lands on which such workshops stand, (iii) all coke in stock or under production, and other stores, stocks and instruments, belonging to the coke oven plant, (iv) all power station belonging to the coke oven plant or operated for supplying electricity for the purpose of working of coke oven plant or a number of coke oven plants, (v) all lands, buildings and equipment belonging to the coke oven plant where the washing of coal is carried on, (vi) all other fixed assets movable or immovable, and current assets belonging to a coke oven plant, whether within its premises or outside. 1 [Explanation.-- The expression "current assets" does not include,-- (a) dues representing the.....

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