p e t r o l e u m m i n i n g r u l e s1968- faolex（p e t r o l e u m m我n n g r u l e s1968——faolex）（92页）.docVIP

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p e t r o l e u m m i n i n g r u l e s1968- faolex（p e t r o l e u m m我n n g r u l e s1968——faolex）（92页）.doc

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PETROLEUM MINING RULES 1968 PU(A) 155/1968 IN exercise of the powers conferred by section 12 (1) (i) and (iii) of the Petroleum Mining Act, 1966, the Yang di-Pertuan Agong hereby makes the following rules: 1.??Citation and commencement. These rules may be cited as the Petroleum Mining Rules 1968, and shall be deemed to have come into force on the 1st day of December, 1966. 2.??Off-shore Petroleum Agreement. The model Petroleum Agreement in respect of off-shore land shall be in the form contained in Annex I to these Rules. 3.??On-shore Petroleum Agreement. The model Petroleum Agreement in respect of on-shore land shall be in the form contained in Annex II to these Rules. 4. Fees. The fees payable under section 5 (2) of the Petroleum Mining Act shall be RM500 in respect of an application for petroleum licence and RM1,000 in respect of an application for a Petroleum Agreement. ANNEX I MODEL PETROLEUM AGREEMENT IN RESPECT OF OFF-SHORE LANDS THIS AGREEMENT is made the . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . day of . . . . . . . . . . . . . . . . . . . . . . 19 . . . . . . . BETWEEN the Government of the Federation (in this Agreement called the Government) of the one part AND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (in this Agreement called the Company which expression shall where the context allows include its successors and assigns) of the other part. WHEREAS — (A) The Company has applied to the Government under the Petroleum Mining Act, 1966, for a petroleum agreement in respect of certain lands specified in the First Schedule to this Agreement and has entered into a bond in the form set out in the Second Schedule in the sum of . . . . . . . . . . . . . . . . . . . . . . ringgit conditioned for the due and faithful carrying out of the provisions contained in this Agreement. (B) The Government has agreed to enter into a petroleum agreement under the terms and together with the b