Sri Lanka Consolidated Acts

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Petroleum Resources Act (No. 26 of 2003) - Sect 17

Liability of persons participating interest in development license

17. Notwithstanding the terms of a Petroleum Resources Agreement, all persons with a participating interest in a Development License shall be responsible"
(a) for ensuring compliance with the terms of the Petroleum Resources Agreement ;
(b) for ensuring that the conditions of a Development License and regulations made under this Act are complied with; and
(c) to third parties, for injury and damage resulting from petroleum operations conducted in the area described in the Development License :
Provided, that any person with a participating interest ordered to pay damages for any such injury or damage, may pay such damages on a contributory basis with the other persons who have participating interests in the Development License


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