Continental Shelf Act, 1968

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Exploration and exploitation of continental shelf.

2.—(1) Any rights of the State outside territorial waters over the sea bed and subsoil for the purpose of exploring such sea bed and subsoil and exploiting their natural resources are, subject to subsection (2) of this section, hereby vested in the Minister and shall be exercisable by the Minister.

(2) Whenever the Government so think fit and so direct, any rights referred to in subsection (1) of this section and specified in the direction shall be vested in and exercisable by a Minister of State specified in the direction other than the Minister.

(3) The Government may by order designate any area as an area within which the rights referred to in subsection (1) of this section are exercisable.

(4) The Government may by order revoke or amend an order under this section, including an order under this subsection.