Oil Industry (Development) Act : PRELIMINARY Indian Bare Acts :

Oil Industry (Development) Act,1974

Act No : 47

Section : PRELIMINARY

THE OIL INDUSTRY (DEVELOPMENT) ACT, 1974 ACT NO. 47 OF 1974 [26th September, 1974.] An Act to provide for the establishment of a Board for the development of oil industry and for that purpose to levy a duty of excise on crude oil and natural gas and for matters connected therewith. Be it enacted by Parliament in the Twenty-fifth Year of the Republic of India as follows:- CHAPTER I PRELIMINARY