The Major Port Trusts Act, 1963 (38 of 1963), the Tariff Authority for Major Ports hereby amends the Scale of Rates governing licensing of semi-paved stackyard on short-term licence basis at the New Mangalore Port Trust as in the Order appended hereto.

REGD. NO. D.L.-33004/99 The Gazette of India

EXTRAORDINARY

PART III—Section 4

PUBLISHED BY AUTHORITY

No. 24] NEW DELHI, FRIDAY, FEBRUARY 15, 2002/MAGHA 26, 1923

TARIFF AUTHORITY FOR MAJORPORTS

NOTIFICATION

New Delhi, the 15tli February, 2002

No. TAMP/31/2001-NMPT.—In exercise of the powers conferred by Section 49 of the Major Port Trusts Act, 1963 (38 of 1963), the Tariff Authority for Major Ports hereby amends the Scale of Rates governing licensing of semi-paved stackyard on short-term licence basis at the New Mangalore Port Trust as in the Order appended hereto.

TARIFF AUTHORITY FORMAJORPORTS

Case No. TAMP/31/2001-NMPT

The New Mangalore Port Trust (NMPT)

.„ •

Applicant

ORDER

(Passed on this 8th day of February, 2002

This Authority had passed an Order on 5 November, 2001 in case No. TAMP/31/2001 -NMPT approvi ng the Scale of Rates governing licensing of semi-paved stackyard on short-term licence basis at the New Mangalore Port Trust (NMPT). This Order was notified in the Gazette of India, Extraordinary (Part in Section 4) on 3 December, 2001 vide Gazette No. -324.

2. This Authority has not yet prescribed its own guidelines governing leasing of lands of the major port trusts. This Authority has, therefore, adopted the guidelines in this regard issued from time to time by the Government of India in the Ministry of Shipping until formulation of its own guidelines.

3. While notifying the Scale of Rates governing licensing of semi-paved stackyard on short-term licence basis at the NMPT, the provisions available in the Government guidelines for an annual escalation in the licence fee and also re-fixation of base rate of lease every five years were inadvertently omitted. Likewise, the fact that the licence fee of Rs. 600/- per 100 sq. metre per month for open space is subject to an annual escalation @ 5% p.a. (compounded) from its notification in the Karnataka Gazette dated 20 February 1997 has also not been specifically indicated,

4. In order to rectify the errors that crept in due to oversight, it lias now become necessa ry to amend the earlier Order dated 5 November 2001. This Authority, therefore, approves the following amendments/modifications to the earlier Order dated 5 November, 2001:

(i) Paragraph 7.1. (i) is deleted and substituted by the following:

"Approval of a monthly licence fee as applicable for open space notified in the Scale of Rates of the NMPT with retrospective effect from February, 2000 till 2 December 2001".

(ii) A new paragraph 7.1. (iii) as follows is added below paragraph 7.1.(ii):

"The licence fee shall bear an escalation (a] 5% (compoundable) per annum with effect from 3 December 2001. The NMPT will have an option to re-fix the base rate of the licence fee every five years".

S. SATHYAM, Chairman

[ADVTM/IV/143/2001/Exty.lPrinted by the Manager, Oovt, of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.