The Single Article Law of March 20, 1951

From Wikisource
Jump to: navigation, search
The Single Article Law of March 20, 1951

The Single Article Law of March 20, 1951

For the Happiness and Prosperity of the Iranian Nation and for the purpose of securing world peace, it is hereby resolved that the oil industry throughout all parts of the country, without excerption, be nationalized; that is to say, all operations of exploration, extraction and exploitation shall be carried out by the Government.

Passed by the Majlis on March 15, 1951, and by the Senate on March 20, 1951. Signed and promulgated by the Shah May 1, 1951.

Source of text: Iranian Embassy, Washington, D.C., (Some Documents on the Nationalization of the Oil Industry in Iran (n.d. 1951, p. 2.)