Subject to the conditions mentioned in rule 28, the lessee with respect to the offshore area leased to him shall have the right for the purpose of production operations on that offshore area -
(a) to work the mines, win and carry away the mineral;
(b) to sink pits ;
(c) to bring and install plant and machinery ;
(d). to use sea water if required for mining or transportation ;
(e) to use any part of offshore leased area for stacking purpose ,
(f) to do any other thing specified in the lease:
[•rnnn—Tgp»g3(i)] W3 ^I <l«m?l : STSTTWI 121
Provided that if rights conferred under this rule are infringing upon or posing hindrance or risk and hazard to any petroleum operations or petroleum installations, the lessee shall not use his rights unless issues are resolved by administering authority in consultation with the Ministry of Petroleum and Natural Gas.
33. Lease deed to be executed within six months - (1) Where, on an application for the grant of a production lease, an order has been made for the grant of such lease, a tease deed in Form Q or in a form as near thereto as circumstances of each case may require, shall be executed within six months of the order or within such further period as the administering authority may allow in this behalf, and if no such lease deed is executed within the said period due to any default on the part of the applicant, the administering authority may revoke the order granting the lease and in that event the application fee shall be forfeited to the Central Government.
(2) The date of the commencement of the period for which a production lease is granted shall be the date on which a duly executed deed under sub-rule (1) is registered.
34. Security deposit- An applicant for a production lease, shall before the deed referred to in rule 33 is executed, deposit a sum of ten lakh rupees as security for the due observance of the terms and conditions of the lease.