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

In this Act, unless the context otherwise requires,--

(a) "appointed day" means such date as the Central Government may, by notification in the
Official Gazette, appoint under section 3;

(b) "Corporation" means the Oil and Natural Gas Corporation Limited, a company registered
under the Companies Act, 1956 (1 of 1956);

(c) "Commission" means the Oil and Natural Gas Commission established under sub-section (1)
of section 3 of the Oil and Natural Gas Commission Act, 1959 (43 of 1959);

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

LAWGIST

# 2 Definitions