The present Act lays down rules on mining for petroleum. Section 3 establishes restriction on petroleum exploring, prospecting and mining: no person shall explore, prospect or mine for, or do any act with a view to exploring, prospecting or mining for, petroleum upon any land except by virtue of an exploration licence or a petroleum agreement. Sections 4 and 5 specify those persons who may apply for that licence and the manner in which the application shall be made respectively. Upon an application made in that behalf by any person desirous of exploring, prospecting or mining for petroleum the Petroleum Authority may, subject to subsection (2) of Section 8 and Section 9, enter into a petroleum agreement with that person in respect of any area of land included in the application. The First Schedule contains the specimen of the application for an exploration licence or for a petroleum agreement, whereas the Second Schedule lays down the specimen of the exploration licence.
Malaysia · 1966-12-01