juris

Section 6: Assignment

Petroleum Act

consolidated text (as at 2005). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

6. Assignment No prospecting licence or a mining lease may be assigned unless— (a) the Minister is satisfied that the proposed assignee has sufficient technical knowledge, experience and financial resources to ensure the proper prospecting and mining for petroleum; and (b) the proposed assignee undertakes to comply with such other terms and conditions as the Minister thinks fit to impose. 7. – 9. —

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