law: The Petroleum and Natural Gas Regulatory Board Act, 2006
  63. Transitional
  
  arrangements.-
  1.  Where,
  
  before the commencement of this Act, an agreement or agreements have been
  
  entered into between one oil company and another for the purpose of sharing of
  
  petroleum products or sharing of infrastructure facilities among the oil
  
  companies and such agreements have been approved by the Central Government, the
  
  Board may monitor the implementation of such agreements for the transition
  
  period.
  2.  The
  
  Board shall monitor setting up of dealerships and distributorships of motor
  
  spirit, high speed diesel, superior kerosene oil, liquefied petroleum gas and
  
  CNG stations for natural gas during transition period by the entities without
  
  encroaching on the retail network of the existing entities. Explanation I.-For
  
  the purposes of this section, the expression "transition period"
  
  shall mean a period of three years from the date of commencement of this Act.
  
  Explanation II.- For the purposes of this section, "infrastructure
  
  facilities" shall mean facilities at ports, refineries, terminals, depots
  
  and aviation fuelling stations including hydrant lines and shall include
  
  loading and unloading facilities. Explanation III.-For the purposes of this
  
  section "encroaching" includes taking over of retail outlet of one
  
  entity by another.