Section 5, Oil Industry (Development) Act, 1974 [S1P-9PB]

As at 6 September 2026. In force from 6 March 1975 by S.O. 326(E) [N11-Y04].

In Oil Industry (Development) Act, 1974 [A10-Q37]. This text from 6 March 1975. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 5, Oil Industry (Development) Act, 1974 [S1P-9PB]. Machine: S1P-9PB.

5. Prohibition of the storage of petroleum without licence.—No person shall undertake the storage of petroleum except under and in accordance with the conditions of a licence granted under section 6: Provided that nothing in this section shall apply to the storage of petroleum undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (1)

petroleum: Section 2, Oil Industry (Development) Act, 1974 [S1P9K1] (In this Act, unless the context otherwise requires,—): "petroleum" means any liquid hydro-carbon or mixture of hydro-carbons and any inflammable mixture (liquid, viscous or solid) containing any liquid hydro-carbon

petroleum: 10 more definitions.

Made under this section, or naming it (0)

none

Cited by (1)

Section 16, Oil Industry (Development) Act, 1974 [S1P-A1C], 10 April 1974, Band A. "section 5".

Not held (0)

none

Duties published under this section (0)

none