Regulations
116 Regulations
The Governor may make regulations, not being contrary to the provisions of this Act, for all or any of the matters following, that is to say —
for determining the dimensions, boundaries, form, position and extent of any land comprised or to be comprised in any petroleum lease or license to prospect, or permit to explore and the subsequent adjustment of the same where necessary, and the time when such determination shall take effect;
for determining the manner in which persons desirous of taking possession of or acquiring petroleum leases or licenses to prospect or permits to explore shall mark out the same, and the requirements to be complied with by such persons;
for regulating the time or times within which and the method by which any objection may be lodged, and the manner of dealing with the same;
for providing for the registration and the mode of obtaining and effecting the registration of petroleum leases and licenses to prospect, or permits to explore and any share or interest therein, and of the transfer, assignment, or sublease thereof, and of any share or interest therein, and of any lien or encumbrance thereon, and of the discharge of any such lien or encumbrance thereon, and for providing for the registration and the mode of effecting and obtaining the registration of any such encumbrance, transfer, assignment or sublease in the ease of death, bankruptcy, liquidation (in the case of a company), or insanity or of. sale under the decree, judgment or order of any court;
for prescribing the labour and other conditions not herein provided for, subject to which any petroleum lease or license to prospect or permit to explore shall be held, and the conditions on which exemption from the performance thereof may be applied for, granted, and obtained, and generally for prescribing the manner in which and with what incidents, rights, and obligations any petroleum lease or license to prospect or permit to explore shall be taken possession of, held, occupied, used, worked, and enjoyed;
for determining the events on which the title to any petroleum lease or license to prospect or permit to explore shall become forfeited, and for imposing any penalty on the happening of any one or more events in lieu of such forfeitures;
for limiting the time within which and prescribing the mode in which proceedings for any such forfeiture or penalty may be taken;
for the prevention of nuisances in or about any petroleum lease, and for cleansing and keeping clean the same;
for enabling persons to enter on land for the purpose of erecting electric telegraph or telephone posts or wires;
for prescribing the form of lease (including such other reservations, covenants, and conditions as the Governor may think necessary, in addition to those prescribed by section 63), license to prospect, certificates, applications, permits to explore, objections, notices, and other documents granted, issued, or used under or for the purposes of this Act;
for determining the time and mode of ascertaining the amount of any royalty and the time for payment thereof;
for the prescribing returns to be furnished by lessees and licensees and permittees of work done and production of petroleum or any other products of holdings under this Act;
for prescribing the fees (if any) payable for the several matters mentioned hereunder: —
applications, surveys, processes, exemptions from performance of labour and other conditions;
registration of any mortgage, lien, or encumbrance, or any transfer or discharge thereof;
registration of transmission by death or under the laws relating to bankruptcy or insanity;
the registration of any other matter or thing required by this Act or the regulations to be registered;
for prescribing safety precautions, treatment of water underground or at the surface, and prevention of waste of gas or petroleum;
for specifying drilling machinery, materials, and casing which is to be used in operations to which this Act and the regulations apply;
for regulating the separation, storage, transportation and exploration of any of the products of petroleum leases or licenses to prospect or permits to explore;
for providing for the cessation of operations on petroleum leases or areas comprised in licenses to prospect, or permits to explore and the precautions to be undertaken in regard to any operations upon the same;
for regulating the spacing of oil wells;
for ensuring that precautions shall be taken against flooding, and for providing methods to be adopted upon abandonment of oil wells;
for providing that drilling operations are carried out with due diligence and by safe and satisfactory methods;
for any other act, matter, or thing requisite or necessary or expedient for the purpose of carrying out or properly giving effect to the provisions and objects of this Act.
[Section 116 amended: No. 8 of 1940 s. 43.]
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