Sri Lanka Consolidated Acts

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Mines and Minerals Law (No. 4 of 1973) - Sect 12

Ownership of minerals on termination or cancellation of licence

12. Where a licence terminates or is cancelled under the preceding provisions of this Law, the ownership of all minerals mined under the authority of such licence and not disposed of on the date of such termination or cancellation shall vest in the Director who shall give directions as to their disposal.


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