Section 53 of The Petroleum and Natural Gas Regulatory Board Act, 2006
The Board shall furnish to the Central Government at such time and in such form and manner as may be prescribed or as the Central Government may direct, such returns and statements and such particulars in regard to any matter in connection with proposed or existing activities under this Act, as the Central Government may, from time to time, require.
Summary
- The Board is legally required to provide returns, statements, and specific particulars to the Central Government.
- The Central Government dictates the timing, format, and method for submitting these documents.
- The information requested can cover any matter connected to both existing activities and proposed future activities under the Act.
Practical examples
FAQ
1. Who does the Board report to under this section?
The Board must furnish the returns and statements to the Central Government.
2. Does the Board only have to share data about things that have already happened?
No, the Central Government can ask for particulars regarding both proposed or existing activities under the Act.
3. Who decides what these returns look like?
The returns must be in such form and manner as may be prescribed or as the Central Government may direct.
Test yourself
Q1.Under Section 53 of The Petroleum and Natural Gas Regulatory Board Act, 2006, to whom is the Board required to furnish returns and statements?
Q2.Under Section 53 of The Petroleum and Natural Gas Regulatory Board Act, 2006, what kinds of activities must be covered in the returns and statements provided by the Board?
Q3.Under Section 53 of The Petroleum and Natural Gas Regulatory Board Act, 2006, who dictates the time, form, and manner in which the Board must submit its returns?
Q4.Under Section 53 of The Petroleum and Natural Gas Regulatory Board Act, 2006, what triggers the Board's obligation to provide specific particulars about its activities?