Act Number: 100

Act Name: The Metal Corporation (Nationalisation and Miscellaneous Provisions) Act, 1976

Year: 1976

Enactment Date: 1976-09-07

Long Title: An Act to provide for the taking over of the management of the undertaking of the Metal Corporation, after such undertaking is deemed to have been transferred to, and re-vested in, the said Corporation, and for the subsequent acquisition of the undertaking of the Metal Corporation for the purpose of enabling the Central Government, in the public interest, to exploit to the fullest extent possible, the zinc and lead deposits in and around Zawar area in the State of Rajasthan and to utilise those minerals in such manner as to subserve the common good, and for matters connected therewith or incidental thereto.

Ministry: Ministry of Mines

Department:

Section 2: Definitions.
    In this Act, unless the context otherwise requires,--
         (a) "appointed day" means the 2nd day of August, 1976;
         (b) "commencement of this Act" means the 22nd day of October, 1965;
         (c) "Metal Corporation" means the Metal Corporation of India Limited, a company within the meaning of the Companies Act, 1956 (1 of 1956), and having its registered office at Calcutta;
         (d) "Mineral Concession Rules" means the Mineral Concession Rules, for the time being in force, made by the Central Government under the Mines and Minerals (Regulation and Development) Act, 1957 (67 of 1957);
         (e) "notification" means a notification published in the Official Gazette;
         (f) "prescribed" means prescribed by rules made under this Act;
         (g) words and expressions used in this Act and not defined but defined in the Companies Act, 1956 (1 of 1956), have the meanings respectively assigned to them in that Act.
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