Oil Industry Development Fund expansion permits funding of public sector undertakings' expenditures and government oil and gas schemes. Amendment expands the Oil Industry Development Fund to permit funding of expenditures incurred by Central Public Sector Undertakings on behalf of the Central Government and to meet expenditure on any Central Government scheme or activity relating to the oil and gas sector, with effect from the Bill's commencement date.
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Provisions expressly mentioned in the judgment/order text.
Oil Industry Development Fund expansion permits funding of public sector undertakings' expenditures and government oil and gas schemes.
Amendment expands the Oil Industry Development Fund to permit funding of expenditures incurred by Central Public Sector Undertakings on behalf of the Central Government and to meet expenditure on any Central Government scheme or activity relating to the oil and gas sector, with effect from the Bill's commencement date.
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