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Article 4
1. In section 1—
(a)in subsection (3)(b), for “the statutory maximum” substitute “level 5 on the uniform scale”;
(b)for subsection (4) substitute—
“(4) This section applies to any person who—
(a)is a United Kingdom national or a body incorporated under the law of any part of Guernsey; and
(b)is resident in Guernsey.”;
(c)omit subsection (5).
5. In section 14—
(a)in subsection (1), omit “or under regulations made under this Act”; and for “the United Kingdom” substitute “Guernsey”;
(b)omit subsections (2) and (3);
(c)in subsection (5), omit “or of regulations made under this Act”.
3. In section 17—
(a)omit the definitions of “ancillary operations”, “inspector”, “licensed area”, “licensed operations”, “licensee”, “prescribed”, “reciprocal authorisation”, “reciprocating country” and “ship”;
(b)for the definition of “exploitation licence” substitute—
““exploitation licence” means a licence authorising the licensee to exploit the hard mineral resources of such part of the deep sea bed as may be specified in the licence”
(c)for the definition of “exploration licence” substitute—
““exploration licence” means a licence authorising the licensee to explore for the hard mineral resources of such part of the deep sea bed as may be specified in the licence”.
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