Indian Bare Acts

THE OIL AND NATURAL GAS COMMISSION ACT, 1959

Title : THE OIL AND NATURAL GAS COMMISSION ACT, 1959

Year : 1959

ACT NO. 43 OF 1959.

[18th September, 1959.]


An Act to provide for the establishment of a Commission for the development of petroleum resources and the production and sale of petroleum and petroleum products produced by it and for matters connected therewith.

BE it enacted by Parliament in the Tenth Year of the Republic of
India as follows:-


CHAPTER I
PRELIMINARY




(1)This Act may be called the Oil and Natural Gas Commission Act, 1959.

(2) It extends to the whole of India 1 * * * *.

(3) It shall come into force on such date 2* as the Central
Government may, by notification in the Official Gazette, appoint.

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1 The words, "except the State of Jammu and Kashmir" omitted by Act 38.of 1962 s. 2.

2 15th October, 1959, see Notification No. S. O. 2302, dated 14th October, 1959, Gazette of India, Extraordinary, 1959, Pt. II, Sec.3(ii), p. 515.This Act came into force in Pondicherry on the lst October, 1963, vide Reg. 7 of 1963, s. 3 and Sch. I.

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In this Act, unless the context otherwise requires,-

(a) "Chairman" means the chairman of the Commission

(b) "Commission" means the Oil and Natural Gas Commission established under section 3 ;

(c) "Existing Organisation" means the body set up in pursuance of the resolution of the Government of India, No. 22/29/55-ONG, dated the 14th August, 1956 ;

(d) "Fund" means the fund referred to in section 19.

(e) "Member" means a member of the Commission and includes the chairman;

(F) "Petroleum" has the same meaning as in the Petroleum Act,
1934, and includes natural gas; (30 of 1934).

(g) "Prescribed" means prescribed by rules made under this Act.

Last updated on June, 2016

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