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Off-Shore Oil Revenues (Registration of Grants) Act πŸ‡³πŸ‡¬


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Off-Shore Oil Revenues (Registration of Grants) Act

  • Published in Official Gazette supplement no. 29 on 15 June 1972
  • Commenced on 1 April 1971
  • [Up to date as at 31 December 2002]
An Act to make provisions for all instruments relating to any lease, licence, permit or right issued or granted to any person in connection with the petroleum industry in Nigeria to continue to be registrable in the States which are contiguous to the territorial waters and the continental shelf of Nigeria, notwithstanding anything to the contrary in any other enactment.

1. Registration of grants in the States

(1)All registrable instruments relating to any lease, licence, permit or right issued or granted to any person in respect of the territorial waters and the continental shelf of Nigeria shall, notwithstanding anything to the contrary in any enactment, continue to be registrable in the States of the Federation, respectively, which are contiguous to the said territorial waters and the continental shelf.
(2)Where th…

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