Law No. 79 on amendments and addenda to the legislative acts regulating subsoil management and oil extracting operations.

The following amendments shall be made to the Law No. 2350 on oil: (a) item 36 of the Article 1 shall acquire a new wording “the authorized subsoil institution shall be the state body carrying out regulation in the sphere of geological study, rational and complex subsoil management”; (b) Article 6-2 shall acquire a new wording “The sphere of competence of the authorized subsoil institution shall include the state supervision in the field of subsoil protection, safety arrangements in the process of oil extraction and the state supervision over conservation and liquidation of the subsoil management sites.” The following amendments shall be made to the Law No. 2868 on subsoil and subsoil management: (a) Article 1 shall be supplemented with the item 49-1 of the following wording “the authorized institution in the sphere of environmental protection shall be the central executive body carrying out the state environmental policy, and its territorial branches;”; (b) Article 51 dealing with subsoil protection shall be supplemented with the following wording “The state supervision over subsoil protection shall include the state subsoil monitoring, supervision of licensing and contractual terms and conditions related to subsoil management, supervision over burial of hazardous substances, radioactive waste and discharge of waste water into subsoil, pollution control, conservation and liquidation of the subsoil management sites, and safety arrangements.”