www.lawcommission.gov.np www.lawcommission.1 gov.np Petroleum Rules, 2041 (1985) Date of Publication in Nepal Gazette 2041-12-4 (17 March 1985) Amendments: 1. Petroleum (First Amendment) Rules, 2046 (1989) 2046-04-11 (26 July 1989) 2. Petroleum (Second Amendment) Rules, 2051 (1994) 2051-05-17 (2 Sep.1997) 2. Petroleum (Third Amendment) Rules, 2062 (2005) 2062-05-13 (29 Aug. 2005) In exercise of the powers conferred by Section 22 of the Nepal Petroleum Act, 2040 (1983), Government of Nepal has made the following Rules: Chapter 1 Preliminary 1. Short Title and Commencement: (1) These Rules shall be called the "Petroleum Rules, 2041 (1985)". (2) These Rules shall come into force immediately. 2. Definitions : Unless the subject or context otherwise requires, in these Rules: (a) "Exploration Period" means initial Exploration Period and extension thereof as specified in Rule 16. www.lawcommission.gov.np www.lawcommission.2 gov.np (b) "Exploration Operations" mea...