Arrangement of Sections
1. Tenure of office of membe rs of the Board
2. office on first appointment for a period of four years beginning with the date of his appointment
3. Any member of the Board may at any time be removed from his office for inability to
4. offence involving dishonesty, fraud or moral turpitude.
5. Pr o ceeding s of the Board
8. (I) The Board shall meet not less than once in every six months and subject to the provisi
9. the date on which the notice is given.
10. matter, it may co-opt that person as a member for such period as it thinks it, provided that a
13. that behalf) and of the Director.
14. be under seal, may be made or executed on behalf of the Agency by any person generally or
15. proved, be presumed to be so executed.
PART I
Establishment of the National Steel Raw Materials Exploration Agency
and its Governing Board
SECTION
Establishment of the National Steel Raw Materials Exploration Agency.
Membership of the Board of the Agency.
PART II
Functions and powers
Functions of the Agency.
Power to enter land and payment of compensation.
Power to acquire land.
Power of Minister to give directions.
PART III
E s tablishment of zones
7. Establishment of zonal offices.
PART IV
Staff of the A ge n cy
Appointment of the Director and principal officers of the Agency.
Appointment of other employees of the Agency.
Application of the Pensions Act.
Conditions of service of officers and staff.
PARTV
Funds of the Agency and other financial provisions
Fund of the Agency.
General reserve.
Power to borrow and invest.
Annual estimates, accounts and audit.
Annual reports.
PARTVI
Miscellaneous
17. Prospecting right, etc., under the Minerals and Mining Act.
SECTION
Limitation of suits against the Agency.
Service of documents.
Restriction on execution against property of the Agency.
Indemnity of officers.
Dissolution of existing Agency.
Regulations.
Interpretation.
Short title.
SCHEDULE
Supplementary provisions relating to the Board, etc .
NATIONAL STEEL RAW MATERIALS EXPLORATION AGENCY ACT
An Act to provide for the establishment of the National Steel Raw Materials Exploration
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