Chapter II — GENERAL PROVISIONS FOR ACQUISITION OF OPERATING RIGHTS IN THE OFFSHORE AREAS

Section 10Availability of areas for grant of permit, licence or lease

Section 10: Availability of areas for grant of permit, licence or lease

10. Availability of areas for grant of permit, licence or lease

[Within six months] from the date of commencement of this Act, and subsequently at such times as may be considered necessary in this behalf by the administering authority, it shall, by notification in the Official Gazette, declare the parts of the offshore areas which shall be available for grant of [reconnaissance permit, or exploration licence, or composite licence, or production lease].

[* * * * *]

Amendment notes (3)
  1. Subs w.e.f. 17-8-2023 . Subs. by Act 17 of 2023, s. 8, for "(1) Within six months" (w.e.f. 17-8-2023).
  2. Subs w.e.f. 17-8-2023 . Subs. by s. 8, ibid., for "reconnaissance permit, exploration licence or production lease" (w.e.f. 17-8-2023).
  3. omitted w.e.f. 17-8-2023 . Sub-section (2) and (3) omitted by s. 8, ibid. (w.e.f. 17-8-2023).