Section 7:
Periods for which prospecting licences may be granted or renewed.
1[7. Periods for which prospecting licences may be granted or renewed.--(1) The period for
which 2[a reconnaissance permit or prospecting licence] may be granted shall not exceed three years.
(2) A prospecting licence shall, if the State Government is satisfied that a longer period is required to
enable the licensee to complete prospecting operations be renewed for such period or periods as that
Government may specify:
Provided that the total period for which a prospecting licence is granted does not exceed five years:
Provided further that no prospecting licence granted in respect of 3[a mineral included in Part A and
Part B to] the First Schedule shall be renewed except with the previous approval of the Central
Government.]
Notes:
1. Subs. by Act 25 of 1994, s. 4, for section 7 (w.e.f. 25-1-1994).
2. Subs. by Act 38 of 1999, s. 9, for "a prospecting licence" (w.e.f. 18-12-1999).
3. Subs. by s. 9, ibid., for "a mineral included in" (w.e.f. 18-12-1999).