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The Petroleum (Production) (Landward Areas) Regulations 1995
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Changes and effects yet to be applied to Schedule 3 Paragraph 1:
- Regulations modified in pt. by S.I. 2015/766 reg. 3
Changes and effects yet to be applied to the whole Instrument associated Parts and Chapters:
Whole provisions yet to be inserted into this Instrument (including any effects on those provisions):
- reg. 3(1A) inserted by 2016 c. 11 s. 48(24)
- reg. 3(1A) words inserted by S.I. 2018/980 reg. 3(3)
- reg. 12 inserted by S.I. 2016/912 reg. 6(8)
1.—(1) In the following clauses, the following expressions have the meanings hereby respectively assigned to them, that is to say—U.K.
“the Act of 1934” means the Petroleum (Production) Act 1934;
“the Act of 1964” means the Continental Shelf Act 1964;
“appropriate percentage” has the meaning assigned thereto by clause 10;
“block” means an area delineated on the reference map deposited at the office of the Department of Trade and Industry, London, SW1;
“chargeable period” has the meaning assigned thereto by clause 10;
“development scheme” has the meaning assigned thereto by clause 25;
“half year” means the period from 1st January to 30th June in any year and the period from 1st July to 31st December in any year;
“initial term” has the meaning assigned thereto by clause 3 and “second term” has the meaning assigned thereto by clause 4(4);
“the licensed area” means the area for the time being in which the Licensee may exercise the rights granted by this licence;
“the Licensee” means the person or persons to whom this licence is granted, his personal representatives and any person or persons to whom the rights conferred by this licence may lawfully have been assigned;
“the Minister” means the Secretary of State for Trade and Industry;
“oil field” has the meaning assigned thereto by clause 25;
“petroleum” includes any mineral oil or relative hydrocarbon and natural gas existing in its natural condition in strata but does not include coal or bituminous shales or other stratified deposits from which oil can be extracted by destructive distillation;
“well” includes borehole.
(2) Any obligations which are to be observed and performed by the Licensee shall at any time at which the Licensee is more than one person be joint and several obligations.
Commencement Information
I1Sch. 3 clause 1 in force at 30.6.1995, see reg. 1
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