Act Number: 17

Act Name: The Offshore Areas Mineral (Development and Regulation) Act, 2002

Year: 2003

Enactment Date: 2003-01-30

Long Title: An Act to provide for development and regulation of mineral resources in the territorial waters, continental shelf, exclusive economic zone and other maritime zones of India and to provide for matters connected therewith or incidental thereto.

Ministry: Ministry of Mines

Department:

Section 11: Omitted.
    (1) The administering authority may grant a non-exclusive reconnaissance permit to any person eligible under section 6 for grant of operating right.
     (2) The period for which a reconnaissance permit may be granted under sub-section (1) shall be for a period specified in such permit which shall not exceed two years.
     (3) A reconnaissance permit granted under sub-section (1) may be renewed for a period not exceeding two years if, after a review of the progress made during the period of such grant, the administering authority is satisfied that a further period is necessary to complete the reconnaissance operation.
     (4) The area that may be granted under one reconnaissance permit shall not exceed a block of two degree latitude by two degree longitude.
     (5) The administering authority may grant reconnaissance permits to more than one person in respect of the same area for the same mineral deposits in the interest of offshore mineral development.
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