Rule 7
To Issue A Prospecting License
(1) The Department shall, upon
receiving the application pursuant to Rule 6, if it deems fit to issue a license
to the applicant after making necessary inquiry, issue a license in a format
as specified in Schedule-5 having charged the fees as referred to in
Schedule-4.
5 (2) The license pursuant to Sub-rule (1) shall be collected by the
applicant him/herself or by his/her representative within Thirty days of the
information provided by the Department to issue a license.
(3) In case of failure to obtain the license within the time limit
referred to in Sub-rule (2), the license shall, ipso facto, be cancelled.
receiving the application pursuant to Rule 6, if it deems fit to issue a license
to the applicant after making necessary inquiry, issue a license in a format
as specified in Schedule-5 having charged the fees as referred to in
Schedule-4.
5 (2) The license pursuant to Sub-rule (1) shall be collected by the
applicant him/herself or by his/her representative within Thirty days of the
information provided by the Department to issue a license.
(3) In case of failure to obtain the license within the time limit
referred to in Sub-rule (2), the license shall, ipso facto, be cancelled.