Bare ActsThe Oilfields (Regulation and Development) Act, 1948

Section 4

No petroleum lease to be valid unless it is in accordance with this Act.

Amendment status not verified — confirm the current text below against the official source.

4. No 1 [petroleum lease] to be valid unless it is in accordance with this Act.--- (1) No 1 [petroleum lease] shall be granted after the commencement of this act otherwise than in accordance with the rules made under this Act. (2) Any 1 [petroleum lease] granted contrary to the provisions of sub-section (1) shall be void and of no effect.

Section 4 – The Oilfields (Regulation and Development) Act, 1948 | DailyLaw.ai