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Table of Contents (Display details)

  • National Petroleum Corporation 
  • PART I Preliminary
    • 1 Short title
    • 2 Interpretation
  • PART II The Corporation
    • 3 Establishment of Corporation and Board of Directors
    • 4 Remuneration of directors
    • 5 Disclosure of director’s interest
    • 6 Protection of Corporation and directors
    • 7 Status of Corporation
    • 8 General functions of Corporation and power to establish subsidiaries
    • 8A Power to break up streets etc.
    • 8B Duty to restore streets etc.
    • 8C Offence
    • 9 Directions by Minister
    • 10 Financial duties
    • 11 Power to borrow and to issue debenture stock and shares etc.
    • 12 Guarantees
    • 13 Funds and resources of Corporation
    • 14 Application of funds of Corporation
    • 15 Pensions
    • 16 Accounts and audit
    • 16A Liability to taxation
    • 17 Provision by Corporation of information for Minister
    • 18 Control of subsidiaries
    • 19 Annual Report
  • PART III Staff
    • 20 Appointment of General Manager, Secretary and other employees
  • PART IV Miscellaneous
    • 21 Regulations

Drafted, Consolidated and Published with