FINANCE, PROPERTY, CONTRACTS AND SUITS
PROPERTY,CONTRACTS,RIGHTS,LIABILITIES,OBLIGATIONS AND SUITS
297. Things of value within territorial waters or continental
shelf and resources of the exclusive economic zone to vest in the
(1) All lands, minerals and other things of value underlying
the ocean within the territorial waters, or the continental shelf, or
the exclusive economic zone, of India shall vest in the Union and be
held for the purposes of the Union.
(2) All other resources of the exclusive economic zone of India shall
also vest in the Union and be held for the purposes of the Union.
(3) The limits of the territorial waters, the continental shelf, the
exclusive economic zone, and other maritime zones, of India shall be
such as may be specified, from time to time, by or under any law made