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Bare Act

The Goa Mineral Development Corporation Act, 2021

Infrastructure202135 sections

The Goa Mineral Development Corporation Act, 2021, establishes a state-run entity to manage mining operations in Goa. Its primary goal is to ensure that mineral extraction is conducted in an orderly, scientific, and ecologically sustainable manner. The Act creates a Board of Directors, chaired by the Chief Minister, to oversee mining leases, ore auctions, and transportation. For the ordinary citizen, this legislation is significant because it centralizes the management of the state's mineral wealth, aiming to prevent environmental degradation and ensure that mining activities contribute to the state's revenue through transparent, government-regulated processes.

Start reading →Read full ActSections
  1. 0. Preamble
  2. 1. Short title, extent and commencement.
  3. 2. Definitions.
  4. 3. Establishment and incorporation,— (7) For the purpose of carrying out mining
  5. 4. Constitution.
  6. 5. Managing Director.
  7. 6. Disqualification of Managing Director and/or Director.
  8. 7. Removal of Managing Director and/or Directors.
  9. 8. Corporation.
  10. 9. Appointment of officers
  11. 10. Financial, technical and advisory committees.
  12. 11. Meetings of Board.
  13. 12. Management and administration.
  14. 13. Submission of returns, statements, etc. to the Government
  15. 14. Power of Board to associate other persons.
  16. 15. Functions of the Corporation.
  17. 16. The authentication of orders and documents of the Cor p oration
  18. 17. Application of Corporation’s assets.
  19. 18. Corporation’s fund.
  20. 19. Grants, subventions, loans, advances and capital contribution to the
  21. 20. Power of the Corporation to borrow.
  22. 21. Reserve and other funds.
  23. 22. Expenditure from funds.
  24. 23. Budget and programme of work.
  25. 24. Accounts and audit.
  26. 25. Legislative Assembly.
  27. 26. Recovery of sums due to the Corporationas arrears of land revenue.
  28. 27. Dissolution of Corporation.
  29. 28. Power to make rules.
  30. 29. Power to make regulations.
  31. 30. Rules and regulations to be
  32. 31. Protection of action taken in good faith.
  33. 32. Notice to suit and limitation of suits against Cor
  34. 33. Members, officers and staff of Corporation to be
  35. 34. Power to remove doubts and difficulties.

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