Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsRights of Contractor under Development licence
| 14. A Contractor to whom a Development Licence has been issued, shall have the right to recover, store, transport, and sell the share of the petroleum resources to which the License. Contractor is entitled under the terms of the relevant Petroleum Resources Agreement, subject to the provisions of this Act and to repatriate the proceeds of the sale of such petroleum resources. |