Government of Andhra Pradesh amends the Establishment of District Mineral Foundations (DMF)

Sep 21, 2022 | by TeamLease RegTech Legal Research Team

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Commercial ComplianceThe Government of Andhra Pradesh on September 21, 2022, amends the establishment of district mineral foundations in 13 new districts of the state of Andhra Pradesh in due continuation of the existing DMFTs.

The following amendment has been made-

In the said notification, for the last paragraph, the "Since the DMF Funds up to 10.06.2022, have already been credited to the existing 13 DMFT PD Accounts, the funds as on June 10, 2022, shall be distributed in proportion of pending liabilities of already sanctioned and ongoing DMF works among old and new districts. From June 10, 2022 onwards, DMF Funds collected shall be deposited in respective DMF Trust PD accounts of 26 Districts." shall be substituted.

[Notification No.G.989]



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