In force · As amended up to 2026-08
Chapter V: ## MISCELLANEOUS
CHAPTER V
MISCELLANEOUS
SECTIONS
23. Penalties.
24. Other penalties.
25. Offences by companies.
26. Jurisdiction of courts.
27. Previous sanction of Central Government.
28. Protection of action taken in good faith.
29. Dissolution of the Board.
30. Act to have overriding effect.
31. Power to make rules.
- THE SCHEDULE.
THE OIL INDUSTRY (DEVELOPMENT) ACT, 1974
ACT NO. 47 OF 1974
[26 th September, 1974.]
An Act to provide for the establishment of a Board for the development of oil industry and for that purpose to levy a duty of excise on crude oil and natural gas and for matters connected therewith.
BE it enacted by Parliament in the Twenty-fifth Year of the Republic of India as follows:—
Source: India Code