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As enacted
Contents

Part VII · Chief Executive Officer and Staff of the Authority

31. Powers, duties and functions of the Director-General

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

The powers, duties and functions of the Director-General shall be –

(a)

to maintain all related registers, maps and other records in respect of each block or area in respect of which a Petroleum Resources Agreement, an

Exploration Licence, a Joint Study Agreement, a

Development Licence or Unit Development

Licence has been issued under this Act;

(b)

to prepare draft Petroleum Resources Agreements on a case by case basis, in accordance with such directions as may be issued from time to time by the Authority in that regard;

(c)

to collect, compile, analyze and publish or cause to be collected, compiled, analyzed and published, geological, geophysical, engineering and economic data pertaining to the available petroleum resources of Sri Lanka and to ensure the recognition of intellectual property rights;

(d)

to formulate guidelines for technical evaluation of geological samples;

(e)

to monitor petroleum operations conducted by contractors in Sri Lanka and to examine and inspect all books, records, reports, accounts, samples and data maintained (whether in electronic format or otherwise) by such contractors;

(f)

to require a contractor to whom a Exploration

Licence, a Development Licence or a Unit

Development Licence as the case may be has been issued, by notice in writing, to furnish such return or information as the Authority considers necessary for the due discharge of its functions;

(g)

to measure quantities of petroleum resources recovered in Sri Lanka and to take samples thereof;

(h)

to approve the annual work programmes and budgets submitted by contractors in terms of a

Petroleum Resources Agreement;

(i)

to discharge all regulatory functions relating to any

Petroleum Resources Agreement;

(j)

to charge fees or any other payments for any services provided by the Authority;

(k)

to retain consultants and expert advisors, when necessary, subject to the approval of the Board, and implement such capacity building measures as are necessary; and

(l)

to conduct activities which are necessary for, or conducive or incidental to, the carrying out of the functions of the Authority.

Part VIII

Petroleum Resources Development Fund

Part IX

General Provisions