diff --git a/main.tf b/main.tf
index 52344f7..1a970b3 100644
--- a/main.tf
+++ b/main.tf
@@ -1,14 +1,7 @@
-# Copyright (c) 2018, 2021 Oracle Corporation and/or affiliates.  All rights reserved.
+# Copyright (c) 2018, 2022 Oracle Corporation and/or affiliates.  All rights reserved.
 # Licensed under the Universal Permissive License v 1.0 as shown at https://oss.oracle.com/licenses/upl
 
-terraform {
-  required_version = ">= 0.12" // terraform version below 0.12 is not tested/supported with this module
-  required_providers {
-    oci = {
-      version = ">= 3.27" // force downloading oci-provider compatible with terraform v0.12
-    }
-  }
-}
+
 
 // Get all the Availability Domains for the region and default backup policies
 data "oci_identity_availability_domains" "ad" {
diff --git a/versions.tf b/versions.tf
new file mode 100644
index 0000000..5f5edac
--- /dev/null
+++ b/versions.tf
@@ -0,0 +1,9 @@
+terraform {
+  required_providers {
+    oci = {
+      source  = "oracle/oci"
+      version = ">=4.67.3"
+    }
+  }
+  required_version = ">= 1.0.0"
+}