LawgistThe Oil and Natural Gas Commission (Transfer of Undertaking and Repeal) Act
11Repeal of Act 48 of 1959
(1) On the appointed day, the Oil and Natural Gas Commission Act, 1959 shall stand repealed.
(2) Notwithstanding such repeal, the Corporation shall, so far as may be, comply with the provisions of sections 22 and 23 of the said Act so repealed for any of the purposes related to the annual accounts of the Commission.
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All sections
- 1 Short title and commencement
- 2 Definitions
- 3 Undertaking of Commission to vest in Corporation
- 4 General effect of vesting of undertaking in Corporation
- 5 Licences, etc., to be deemed to have been granted to Corporation
- 6 Tax exemption or benefit to continue to have effect
- 7 Guarantee to be operative
- 8 Provisions in respect of officers and other employees of Commission
- 9 Power of entry
- 10 Power to make rules
- 11 Repeal of Act 48 of 1959
- 12 Repeal and saving
