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Petroleum Mining Act · s 8
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Petroleum Mining Act · s 8
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
State Party may —
enter into a petroleum mining Agreement in respect of any area of State Land for which application has been made as herein provided;
at the request of the licensee or lessee, enter into one or more petroleum mining Agreements in substitution for and in respect of the same area or areas as are covered by any one or more exploration licence, prospecting licence or mining lease which was valid and subsisting (or which may be accepted by State Party as if it had been valid and subsisting) on 18th November 1963.
His Majesty the Sultan and Yang Di-Pertuan in Council may by regulations prescribe the terms and conditions of a petroleum mining
Agreement which shall, unless His Majesty the Sultan and Yang Di-Pertuan in Council thinks fit to modify or exclude them in any particular case, be incorporated in any petroleum mining Agreement:
Provided that until any such terms and conditions have been so prescribed, a petroleum mining
Agreement made on or after
Petroleum Mining
CAP. 44 31st October 1992, shall contain such terms and conditions as may be agreed between State Party and the applicant.
A person with whom a petroleum mining Agreement and any collateral agreement or agreements is made shall be entitled to all the rights thereby expressed to be granted.