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

With effect from the
appointed day, all licences, leases, concessions, permits, quotas, benefits, privileges and exemptions
granted to the Commission in connection with the affairs of the Commission under any law for the time
being in force, shall be deemed to have been granted to the Corporation.

LAWGIST

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