Sri Lanka Consolidated Acts

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Ceylon Petroleum Corporation (Amendment) Law (No. 2 of 1976) - Sect 8

Insertion of new section 34A in the principal enactment

8, The following new section is hereby inserted immediately after section 34, and shall have effect as section 34A, of the principal enactment: -
34A. Where any petroleum is found under the surface of the earth on any property In Sri Lanka, such petroleum shall, notwithstanding any right of ownership or otherwise which any person may have to the soil under which such petroleum is found or situated, vest in the Corporation."'

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