Petroleum (Exploration and Production) Amendment Act, 1993 (No. 2 of 1993)

No. 2 of 1993: PETROLEUM (EXPLORATION AND PRODUCTION) AMENDMENT ACT, 1993 ACT To amend the Petroleum (Exploration and Production) Act, 1991, so as to provide for agreements to be concluded between the Minister of Mines and Energy and licence holders relating to training programmes and contributions to the Petroleum Training and Education Fund; and to provide for matters incidental hereto. (Signed by the President on 29 March 1993) BE IT ENACTED by the National Assembly of the Republic of Namibia, as follows: - Amendment of section 14of Act 2 of 1991. 1. Section 14 of the Petroleum (Exploration and Production) Act, 1991, is hereby amended by the addition of the following subsection, the existing section becoming the subsection (1): “(2) The Minister may, for the purposes of subsection 91), enter into agreements with licence holders providing for – (a) the implementation of training programmes referred to in that paragraph; and (b) the contribution of moneys to the trust known as the Petroleum Training and Education Fund, for promoting the objects of that trust.” 2. This Act shall be called the Petroleum (Exploration and Production) Amendment Act, 1993.