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"content": "Mr. Temporary Chairman, Sir, I beg to move:- THAT, Clause 149 of the Bill be amended by deleting subclause (3) and substituting therefor the following new subclauses – (3) All immovable assets of the holder under the mining licence shall vest in the County Government from the effective date of the surrender or termination of the license upon payment of the book value of the assets by the County Government. (3A) Where the County Government is unable to pay for the assets under subsection (3), the assets shall vest in the National Government from the effective date of the surrender or termination of the license upon payment of the book value of the assets by the National Government. Mr. Temporary Chairman, Sir, when a license expires and when mining stops, the equipment which remains is supposed to be taken over by the national Government. The Committee felt that this is improper because mining is done in the county. We should give the county governments the first option to acquire such equipment."
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