LawgistThe Coal Mines (Special Provisions) Act
13Void alienations and permitted security interests
Any and all alienations of land and mine infrastructure and creation of any encumbrances of whatsoever nature thereon which relate to Schedule I coal mines, made by any prior allottee after the 25th day of August, 2014 shall be void, save and except any registered security interest and charge over the land and mine infrastructure as registered by a bank or a financial institution or any other secured lender.
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TREATMENT OF RIGHTS AND OBLIGATIONS OF PRIOR ALLOTTEES
- 10 Utilisation of movable property used in coal mining operations
- 11 Discharge or adoption of third party contracts with prior allottees
- 12 Provisions in relation to secured creditors
- 13 Void alienations and permitted security interests
- 14 Liabilities of prior allottees
- 15 Commissioner of payments to be appointed and his powers
- 16 Valuation of compensation for payment to prior allottee
