Petroleum Authority of Brunei Darussalam Act · s 19

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s 19Power to grant mineral rights within State Land to Authority

(1)

His Majesty the Sultan and Yang Di-Pertuan in Council may at any time allocate and grant to the Authority all mineral rights within such area of State Land as His Majesty the Sultan and Yang Di-Pertuan in Council may determine.

(2)

Any grant of mineral rights under subsection (1) shall take effect upon the date of the decision of His Majesty the Sultan and Yang Di-Pertuan in Council.

(3)

Once granted to the Authority in accordance with subsection (1)

or transferred to and vested in the Authority in accordance with section 28 or 37, mineral rights shall remain vested in the Authority until His Majesty the

Sultan and Yang Di-Pertuan in Council has revoked in writing such mineral ikefttttftmzttietref-mmm-mining Agreement that the Authority has become a party to or entered into as a

State Party with any third party.

Petroleum Authoriv 30

of Brunei Darussalam