Oil and gas expenditure authority expanded to fund central PSU costs incurred for government and government schemes. Amendment authorises use of oil industry development funds to meet expenditure incurred by a Central Public Sector Undertaking when acting on behalf of ... Summary
Oil and gas expenditure authority expanded to fund central PSU costs incurred for government and government schemes.
Amendment authorises use of oil industry development funds to meet expenditure incurred by a Central Public Sector Undertaking when acting on behalf of the Central Government, and to meet expenditure on any Central Government scheme or activity relating to the oil and gas sector by inserting two new funding clauses into the governing provision.
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