Minerals Development Act, 1940

Disposal of moneys received as consideration.

78.—All moneys received by the Minister (whether in the nature of a fine or lump sum, or in the nature of rent or other periodical payment) as consideration for any lease, licence, or permission granted by him under this Act, shall, as and when received, be paid into or disposed of for the benefit of the Exchequer in such manner as the Minister for Finance shall direct.