Bare Act
The Punjab Minerals (Vesting of Rights) Act, 1994
General19948 sections
This Act authorizes the State Government of Punjab to acquire complete ownership of mineral rights on private land through official notifications. Once these rights are vested, the government takes control of mining operations, including selecting lessees or extracting resources itself. To provide compensation, the State must pay a percentage of the revenues to previous owners annually for ten years. This law solidifies state control over local natural resources while establishing a clear financial framework to compensate landowners for the loss of their rights.
PDF: pending for this language.