(See Rule 50) Notice of transfer of Prospecting Licence or Mining Lease

FORM – L

50. Notice of transfer of prospecting licence or mining lease:

Without prejudice to the provisions of the Act or any rules made thereunder or the terms and conditions of a prospecting licence or a mining lease, prohibiting or restricting the transfer of a prospecting licence or a mining lease, every holder of a prospecting licence or a mining lease who transfers or assigns his licence or lease or any right, title or interest thereunder to any other person, shall, within thirty days of the date of such transfer or assignment send an intimation thereof in Form-L to the Controller General, the Controller of Mines and the Regional Controller.