LawgistThe Oil and Natural Gas Commission (Transfer of Undertaking and Repeal) Act
3Undertaking of Commission to vest in Corporation
On such date1 as the Central Government may, by notification in the Official Gazette, appoint, the undertaking of the Commission shall stand transferred to, and vest in, the Corporation.
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1. 1st February, 1994, vide notification No. G.S.R. 44(E), dated 28th January 1994, see Gazette of India, Extraordinary, Part I, sec. 3(i)
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
