Law Amending the Oilfields Act, 1918

5. Sub-section (3) of section 4 of the Oilfields Act, 1918 shall be substituted

1. This Law shall be called the Law Amending the Oilfields Act, 1918. as follows:

2. The expression , contained in the Oilfields Act, 1918,” Chairman of the “4.(3) The Minister for the Ministry of Energy may, by notification, State Peace and Development Council” shall be substituted by the expression appoint General Manager assigned for the relevant notified oilfield “The Minister, the Ministry of Energy”, the expression “Warden” shall be to assist the Managing Director of the Myanma Oil and Gas substituted by the expression “Managing Director of the Myanma Oil and Gas Enterprise in performing his duties and exercising his power within Enterprise” , the expression “Assistant Warden” shall be substituted by the his jurisdiction.” expression “General Manager assigned for the relevant notified oilfield “, the

6. The expression “shall be punished with imprisonment for a term which expression “ Financial Commissioner” shall be substituted by the expression may extend to three months, or with fine which may extend to one hundred “the Minister, the Ministry of Energy” respectively. rupees, or with both.” contained in sub-section (2) of section 12 of the Oilfields

3. Sub-section (e) of section 2 of the Oilfields Act, 1918 shall be substituted Act, 1918 shall be substituted by the expression “shall be punished with as follows: imprisonment for a term which may extend to three months, or with fine which "(e) “ Operator” means and includes any company incorporated by or may extend to ten thousand kyats or with both” and the expression “five hundred under the laws of the Union of Myanmar holding a permit to rupees” shall be substituted by the expression “fifty thousand kyats” and the 10. Section 5 prescribed in the Oilfields Act, 1918 shall be deleted. expression “one thousand rupees” contained in sub-section (3) of section 13 11. Section 14 of the Oilfields Act, 1918 shall be substituted as follows: shall be substituted by the expression” one hundred thousand kyats” respectively. “14. For the purpose of carrying out the provisions of this Act:

7. Clause (g) of sub-section (2) of section 13 of the Oilfields Act, 1918 (a) the Ministry of Energy may, with the approval of the shall be substituted as follows: Government issue rules and procedures; “2(g) provide for the prevention of waste of oil or gas and also the (b) the Ministry of Energy may issue regulations, bye-laws, prevention of environmental pollution by petroleum operations;'' orders and directives.”

8. Clause (s) of sub-section (2) of the Oilfields Act, 1918 shall be

12. Section 15 of the Oilfields Act, 1918 shall be substituted as follows: substituted as follows: “15. If there is a dispute between the operators on demarcation of “(2)(s) prescribe the manner in which the operator operating the contract contract area, the Ministry of Energy may intervene in such dispute area shall demarcate such area and provide for the preservation in accordance with the prevailing rules and regulations.” of the demarcation marks prescribed;”

9. Sub-section (4) of section 13 of the Oilfields Act, 1918 shall be substituted as follows: (Sd.) Than Shwe “(4) The Minister for the Ministry of Energy may, also, by rule, attach Senior General to the breach of any rule under clauses (g),(h), (i), (j), (k),(l), Chairman (m),(w),(x), (y) (dd),(ee), (ff), (ii),(jj) and (ll) of sub-section (2) The State Peace and Development Council which are to be in accordance with generally accepted international petroleum industry practice the penalty of forfeiture of any permit for the exploration and production of oil or gas or both held by the operator on which the offence has been committed.”