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

Short title and commencement

Definitions

Undertaking of Commission to vest in Corporation

General effect of vesting of undertaking in Corporation

Licences, etc., to be deemed to have been granted to Corporation

Tax exemption or benefit to continue to have effect

Guarantee to be operative

Provisions in respect of officers and other employees of Commission

Power of entry

Power to make rules

Repeal of Act 48 of 1959

Repeal and saving

All sections

(1) On the appointed day, the Oil and Natural Gas Commission
Act, 1959 shall stand repealed.

(2) Notwithstanding such repeal, the Corporation shall, so far as may be, comply with the provisions
of sections 22 and 23 of the said Act so repealed for any of the purposes related to the annual accounts of
the Commission.

LAWGIST

# 11 Repeal of Act 48 of 1959