(1) The Central Government may, by notification in the Official Gazette, make rulesfor regulating the grant of mining leases or for prohibiting the grant of such leases in respect of any¹[mineral oil] or in any area.
     (2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:--
         (a) the manner in which, the ¹[mineral oils] or areas in respect of which and the persons by whom, applications for mining leases may be made and the fees to be paid on any such application;
         (b) the authority by which, the terms on which, and the conditions subject to which, mining leases may be granted;
         (c) the maximum or minimum area and the period for which any mining lease may be granted, and the terms on which leases in respect of contiguous areas may be amalgamated;
         (d) the fixing of the maximum and minimum rent payable by a lessee, whether the mine is worked or not.