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Petroleum and Gas (General Provisions) Regulation 2017
sec.72Prescribed interest rate for amounts owing to the State
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sec.72 Prescribed interest rate for amounts owing to the State
For the 2004 Act , section 588 (3) and the 1923 Act , section 102 (2) , the rate of interest is 15% a year. s 72 amd 2025 SL No. 48 s 14 sch 1