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The Oilfields (Regulation and Development) Act, 1948

Central

An Act to provide for the regulation of oilfields and for the development of mineral oil resources.

Act number
53 of 1948
Ministry
Ministry of Petroleum and Natural Gas
Enacted
8 Sep 1948

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.

19 sections

  1. Section 1Short title, extent and commencement.
  2. Section 2[Omitted.].
  3. Section 3Definitions.
  4. Section 4No petroleum lease to be valid unless it is in accordance with this Act.
  5. Section 4Aprospecting, etc., of mineral oils.
  6. Section 5Power to make rules as respects petroleum leases.
  7. Section 6Power to make rules as respects mineral oils development.
  8. Section 6ARoyalties in respect of mineral oils.
  9. Section 7Power to make rules for modification of existing leases.
  10. Section 8Delegation.
  11. Section 9Penalties.
  12. Section 9AAdjudication.
  13. Section 9BAppeal.
  14. Section 10Laying of rules and notifications.
  15. Section 11Power of inspection.
  16. Section 12Relaxation of rules in special cases.
  17. Section 13Act to be binding on the Government.
  18. Section 13AValidity of leases and licenses.
  19. Section 14Protection of action taken in good faith.