Oil and Pipelines Act 1985

6 Interpretation

In this Act—

• " the Agency " means the Oil and Pipelines Agency ;

• " the Corporation " means the British National Oil Corporation ;

• " participation agreement " means—

  (a)

  any participation agreement as defined in section 1 of the [1978 c. 1.] Participation Agreements Act 1978 ; or

  (b)

  so much of any scheme made under section 2 or 10 of the [1982 c. 23.] Oil and Gas (Enterprise) Act 1982 as would, if made by agreement, constitute a participation agreement as so defined ;

• " petroleum " has the meaning given by section 1(4) of the [1934 c. 36.] Petroleum (Production) Act 1934 ;

• " subsidiary " and " wholly owned subsidiary " shall be construed in accordance with section 736 of the [1985 c. 6.] Companies Act 1985;

• " the transfer date " has the meaning given by section 3(1) above;

• " the transitional period " has the meaning given by section 3(4) above.