REGISTERED No. D. 221 रजिस्ट्री सं ० डी० 221
भारत को राजपत्र The Gazette of India
असाधारण
EXTRAORDINARY
भाग II-खण्ड 1
PART I-Section 1
प्राधिकार से प्रकाशित
PUBLISHED BY AUTHORITY
सं० 53 नई दिल्ली, शमिवार , दिसम्बर 20, 1969/ प्रयहायन 29, 1891
No. 53 ] NEW DELHI , SATURDAY , DECEMBER 20 , 1969 / AGRAHAYANA 1891
इस भाग में भिन पृष्ठ संख्या दी जाती है जिससे कि यह अलग संकलन के रूप में रखा जा सके ।
Separate paging is given to this Part in order that it may be filed as a separate compilation
MINISTRY OF LAW
(Legislative Department )
New Delhi , the 20th December, 1969/ Agrahayana 29 , 1891 (Saka)
The following Act of Parliament received the assent of the President on the 20th December , 1969 and is hereby published for general informa- tion: -
THE OILFIELDS ( REGULATION AND DEVELOPMENT) AMENDMENT ACT , 1969
(No. 39 OF 1969 )
[20th December , 1969 ]
An Act further to amend the Oilfields (Regulation and Development)
Act, 1948 .
BE it enacted by Parliament in the Twentieth Year of the Republic of India as follows: -
1. ( 1 ) This Act may be called the Oilfields ( Regulation and Develop- ment) Amendment Act , 1969.
Short title and com- ment.
(2) It shall be deemed to have come into force on the 1st day of January , 1968 .
63 of 1948.
2. In sub -section (2 ) of section 6 of the Oilfields (Regulation and Development) Act , 1948 ( hereinafter referred to as the principal Act ) , for clause ( i ) , the following clause shall be substituted , namely :--
Amend- ment of section 6.
" (i ) the collection of royalties , and the levy and collection of fees or taxes , in respect of mineral oils mined , quarried , excavated collected;". or
385 THE GAZETTE OF INDIA EXTRAORDINARY
[PART II 386
Inser-
tion of
3. After section 6 of the principal Act , the following section shall be inserted , namely: -
new sec-
tion 6A.
Royal- tles in respect ofmineral oils.
"6A. ( 1 ) The holder of a mining lease granted before the com- mencement of the Oilfields ( Regulation and Development) Amend- ment Act , 1969, shall , notwithstanding anything contained in the ins- trument of lease or in any law in force at such commencement , pay royalty in respect of any mineral oil mined , quarried, excavated or collected by him from the leased area after such commencement , at the rate for the time being specified in the Schedulein respect of that mineral oil.
(2) The holder of a mining lease granted on or after the com- mencement of the Oilfields ( Regulation and Development ) Amend- ment Act , 1969, shall pay royalty in respect of any mineral oil mined , quarried , excavated or collected by him from the leased area at the rate for the time being specified in the Schedule in respect of that mineral oil .
(3) Notwithstanding anything contained in sub -section (1 ) or sub - section ( 2) , no royalty shall be payable in respect of any crude oil , casing-head condensate or natural gas which is unavoidably lost or is returned to the reservoir or is used for drilling or other opera- tions relating to the production of petroleum , or natural gas , or both .
(4) The Central Government may, by notification in the Official Gazette , amend the Schedule so as to enhance or reduce the rate at which royalty shall be payable in respect of any mineral oil with effect from such date as may be specified in the notification:
Provided that the Central Government shall not-
(a) fix the rate of royalty in respect of any mineral oil so as to exceed twenty per cent . of the sale price of the mineral oil at the oilfields or the oil well-head , as the case may be, or
(b ) enhance the rate of royalty in respect of any mineral oil more than once during any period of four years ." .
SEC . 1 ]
THE GAZETTE OF INDIA EXTRAORDINARY
387
4. After section 14 of the principal Act, the following Schedule shall be inserted, namely: -
Inser- tion of new Schedule.
" THE SCHEDULE
(See section 6A)
RATES OF ROYALTY
1. Crude oil :
Rupees ten per metric tonne .
2. Casing-head condensate : Rupees ten per metric tonne .
3. Natural gas :
Ten per cent , of the value of the natural gas obtained at well- head ." .
N. D. P. NAMBOODIRIPAD , Joint Secy . to the Govt . of India.
PRINTED BY THE GENERAL MANAGER, GOVERNMENT OF INDIA PRESS , MINTO ROAD , NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS , DELHI, 1969