Petroleum and Other Minerals Development Act, 1960

Regulations in relation to applications for licences under Part II, fees thereon, and size and shape of areas for which those licences may be granted.

60.—Regulations may provide for all or any of the following matters—

(a) the manner in which and the persons by whom application for licences under this Part may be made,

(b) the fees to be paid on any of those applications,

(c) the conditions to be complied with by applicants for those licences,

(d) the furnishing by every applicant for any of those licences of evidence as to his character, financial standing and technical qualifications and the giving by him of security for the fulfilment of his obligations under the licence,

(e) the size and shape of areas for which those licences may be granted.