The Coal Mines (Special Provisions) Act

Utilisation of movable property used in coal mining operations

Discharge or adoption of third party contracts with prior allottees

Provisions in relation to secured creditors

Void alienations and permitted security interests

Liabilities of prior allottees

Commissioner of payments to be appointed and his powers

Valuation of compensation for payment to prior allottee


TREATMENT OF RIGHTS AND OBLIGATIONS OF PRIOR ALLOTTEES


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.


LAWGIST

# 13 Void alienations and permitted security interests