Sri Lanka Consolidated Acts

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Ceylon Petroleum Corporation Act (No. 28 of 1961) - Sect 12

Control of the disposal of equipment and facilities intended for the exploration, &c., of petroleum.[4,5 of 1963]

5G. No person, other than the Corporation, shall export, sell, lease, transfer, hypothecate, alienate or dispose of in any manner whatsoever any equipment or facilities which had been, or is or are being, or is or are, or was or were, intended to be used for the exploration, exploitation, production, refinement, storage, sale, supply or distribution of petroleum except with the written authority of the Minister or any authorized officer, or otherwise than in accordance with the terms or conditions subject to which such authority is granted.


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