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Oil Fields (Regulation and Development) Act,1948

Act No : 53


Section : (See section 6A)

2[THE SCHEDULE (See section 6A) RATES OF ROYALTY 3[1. Crude oil: Rupees sixty-one per metric tonne. 2.Casing-head condensate: Rupees sixty-one per metric tonne.] 3.Natural gas Ten per cent of the value of the natural gas obtained at well-head.] --------------------------------------------------------------------- 1 Subs. by the A. O. 1950, for the former s. 13. 2 Ins. by Act 39 of 1969, s. 4 (w.e.f. 1-1-1968). 3 Subs. by Notification No. S. O. 219(E), dated 26-3-1981, see Gazette of India, Part II, Sec. 3 (ii), p. 378. --------------------------------------------------------------------