Section 19
Power to grant mineral rights within State Land to Authority
of Petroleum Authority of Brunei Darussalam Act
(1)
His Majesty the Sultan and Yang Di-Pertuan in Council may at any time allocate and grant to the Authority all mineral rights within such area of State Land as His Majesty the Sultan and Yang Di-Pertuan in Council may determine.
(2)
Any grant of mineral rights under subsection (1) shall take effect upon the date of the decision of His Majesty the Sultan and Yang Di-Pertuan in Council.
(3)
Once granted to the Authority in accordance with subsection (1)
or transferred to and vested in the Authority in accordance with section 28 or 37, mineral rights shall remain vested in the Authority until His Majesty the
Sultan and Yang Di-Pertuan in Council has revoked in writing such mineral ikefttttftmzttietref-mmm-mining Agreement that the Authority has become a party to or entered into as a
State Party with any third party.
B.L.R.O. 4.2021
Petroleum Authoriv 30
of Brunei Darussalam
Validity of petroleum mining Agreements 20.
(1)
Nothing in this Act shall invalidate any petroleum mining
Agreement made or entered into by any State Party before the appointed day or abrogate any of the rights or privileges conferred thereby:
Provided that every such right or privilege shall be limited to the extent prescribed by such petroleum mining Agreement.
(2)
Any assignment or transfer of rights or duties of the State Party under the conditions of any petroleum mining Agreement to the Authority shall in no way prejudice the validity of any such petroleum mining
Agreement.