Petroleum Regulations 1974, PU (A) 432/1974

These Regulations have been made on the basis of the the Petroleum Development Act, 1974. Pursuant to regulation 2, all existing bodies of persons or companies who are issued with exploration licences or have entered into petroleum agreements under the Petroleum Mining Act, 1966 shall make available and submit forthwith to PETRONAS for no consideration all data, information and records in respect of any survey, study, research, exploration and production carried out by them. Regulations 3, 3A and 4 concern the submission of applications to obtain, inter alia, exploration and exploitation licence. Regulation 5 lays down approval conditions. Regulation 9 concerns offences. The Schedule attached specifies the fees to be payed.