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The Oil and Natural Gas Commission (Transfer of Undertaking and Repeal) Act, 1993

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An Act to provide for the transfer and vesting of the undertaking of the Oil and Natural Gas Commission to and in the Oil and Natural Gas Corporation Limited, a company incorporated under the Companies Act, 1956, and for matters connected therewith or incidental thereto and also to repeal the Oil and Natural Gas Commission Act, 1959.

Act number
65 of 1993
Ministry
Ministry of Petroleum and Natural Gas
Enacted
4 Sep 1993

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

12 sections

  1. Section 1Short title and commencement.
  2. Section 2Definitions.
  3. Section 3Undertaking of Commission to vest in Corporation.
  4. Section 4General effect of vesting of undertaking in Corporation.
  5. Section 5Licences, etc., to be deemed to have been granted to Corporation.
  6. Section 6Tax exemption or benefit to continue to have effect.
  7. Section 7Guarantee to be operative.
  8. Section 8Provisions in respect of officers and other employees of Commission.
  9. Section 9Power of entry.
  10. Section 10Power to make rules.
  11. Section 11Repeal of Act 48 of 1959.
  12. Section 12Repeal and saving.