In this act various points mentioned below are discussed in details:
1.Short title, extent, commencement and application.
PETROLEUM AND NATURAL GAS REGULATORYBOARD
3.Establishment and incorporation of the Board.
4.Qualifications for appointment of Chairperson and other members.
5.Term of office, conditions of service, etc., of Chairperson and other members.
6.Powers of Chairperson.
7.Removal of Chairperson or any other member from office.
8.Meetings of the Board.
9.Vacancies, etc., not to invalidate proceedings of the Board.
10.Officers and other employees of the Board.
FUNCTIONS AND POWERS OF THE BOARD
11.Functions of the Board.
12.Powers regarding complaints and resolution of disputes by the Board.
13.Procedure of the Board.
REGISTRATION AND AUTHORISATION
15.Registration of entities.
17.Application for authorisation.
18.Publicity of applications.
19.Grant of authorisation.
20.Declaring, laying, building, etc., of common carrier or contract carrier and city or local natural gas distribution network.
21.Right of first use, etc.
23.Suspension or cancellation of authorisation.
SETTLEMENT OF DISPUTES
24.Board to settle disputes.
25.Filing of complaints.
26.Power to investigate.
27.Factors to be taken into account by the Board.
28.Civil penalty for contravention of directions given by the Board.
29.Orders passed by Board deemed to be decrees.
APPEALS TO APPELLATE TRIBUNAL
31.Technical Member (Petroleum and Natural Gas).
32.Terms and conditions of service of Technical Member (Petroleum and Natural Gas).
33.Appeals to Appellate Tribunal.
34.Procedure and powers of the Appellate Tribunal.
35.Power of Appellate Tribunal to make rules.
36.Orders passed by Appellate Tribunal to be executableas a decree.
37.Appeal to Supreme Court.
FINANCE, ACCOUNTS AND AUDIT
38.Grants by Central Government.
40.Accounts and audit.
41.Annual report and its laying before Parliament.
POWER OF CENTRAL GOVERNMENT
42.Power of Central Government to issue directions.
43.Taking over control and management of facilities and business premises of any entity and retail outlets in the public interest
OFFENCES AND PUNISHMENT
44.Punishment for contravention of directions of the Board.
45.Penalty for wilful failure to comply with orders of Appellate Tribunal.
46.Punishment for unauthorised activities.
47.Punishment for establishing or operating a liquefied natural gas terminal without registration.
48.Punishment for laying, building, operating or expanding a common carrier or contract carrier without authorisation.
49.Punishment for wilful damages to common carrier or contract carrier.
50.Offences by companies.
51.Maintenance of data bank and information.
52.Obligations of entities.
53.Furnishing of returns, etc., to Central Government.
54.Chairperson, members, etc., to be public servants.
55.Protection of action taken in good faith.
56.Civil courts not to have jurisdiction.
57.Cognizance of certain offences.
59.Power to remove difficulties.
60.Power of Central Government to make rules.
61.Power of Board to make regulations.
62.Rules and regulations to be laid before Parliament.