Petroleum (Production) Act 1934

Petroleum (Production) Act 1934
Act of Parliament
Long titleAn Act to vest in the Crown the property in petroleum and natural gas within Great Britain and to make provision with respect to the searching and boring for and getting of petroleum and natural gas, and for purposes connected with the matters aforesaid.
Citation24 & 25 Geo. 5. c. 36
Introduced byPresident of the Board of Trade Walter Runciman (Second Reading) (Commons)
Secretary of State for Air the Marquess of Londonderry (Second Reading) 19 April 1934 (Lords)
Territorial extent Great Britain
Dates
Royal assent12 July 1934
Repealed15 February 1999
Other legislation
Repeals/revokesPetroleum (Production) Act 1918
Repealed byPetroleum Act 1998
Status: Repealed
Text of statute as originally enacted

The Petroleum (Production) Act 1934 (24 & 25 Geo. 5. c. 36) is an Act of the Parliament of the United Kingdom which clarified the ownership of underground petroleum, vesting it in the Crown. It made provision for searching and boring for and getting (producing) petroleum and natural gas, under appropriate licenses.