Minerals Development Act, 1940

Form and operation of unworked minerals licences.

48.—(1) An unworked minerals licence shall be expressed and shall operate to confer on the licensee the right to work the minerals specified in such licence during the period and subject to the conditions similarly specified and subject to the payment to such person as shall be specified in such licence of such compensation as shall be fixed in accordance with this Act.

(2) It shall be lawful for the Minister to attach to an unworked minerals licence all such (if any) conditions as he shall think proper and shall specify in such licence.