MINISTRY OF PETROLEUM & NATURAL GAS — THE ESSENTIAL COMMODITIES ACT, 1955

MINISTRY OF PETROLEUM & NATURAL GAS . . ORDER New Delhi, the 16th April, 1999 _ G.S.R.272(E).-In exercise of the powers conferred by section 3 of the Essentidl Commodities Act, 1955, (IO of 1955), in order to regulate production, storage and supply. of petroleum products in the interest of sustaining public life, economy and protecting' consumers interest, the Central Government hereby makes the following Order, namely :- '1~ Short title, extent and commencement. -(i) This order may be called the Petroleum Products (Maintenance of Production, Storage and Supply) Order, 1999. . (ii)' It shall come into force on the date of its publication in the Official Gazette. Definitions -In this Order, unless the context otherwise requires, _ (a) "bulk sale" means sale of petrolewn products other than retail sale; (b) "dealer" means any person, finn or company who carries on, directly or otherwise, the business of storage, distributiori and sale of petroleum products, in bulk or retail. (c) "depot" means any premises approved or licenced by the Chief Controller of explosivesfor storage of petroleum product.'); (d) "installation" means any premises wherein anyplace has been specially prepared for the storage of petroleum in bulk, but does not include a well-head tank or service station; (e) "oil marketing companies" means any person, finn or company engaged in sale of petroleum products to dealers or consumers irtbulk or retail; " i , ~ I i , (f) "oil refining companies" means any person, pnn or company engaged m ref~rig crude or re-~etining of crude oil or any derivatives thereof; (g) "petroleum products" means crude oil or any product manufactured out of crude oil or ftom another petrolewn product including Aviation Turbine Oil, Motor Spirit, High Speed Diesel, Liquified Petroleum