- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
3.—(1) The Principal Regulations shall be amended as follows.
(2) In—
(a)paragraph 16(6) of Schedule 2;
(b)paragraph 17(6) of Schedule 3;
(c)paragraph 15(6) of Schedule 4; and
(d)paragraph 15(6) of Schedule 6,
for “Subject to paragraph (7)”, substitute “Subject to paragraphs (7) and (7A)”.
(3) After—
(a)paragraph 16(7) of Schedule 2;
(b)paragraph 17(7) of Schedule 3;
(c)paragraph 15(7) of Schedule 4; and
(d)paragraph 15(7) of Schedule 6,
insert the following—
“(7A) Where the Minister revokes this licence, any Well drilled by the Licensee pursuant to this licence shall—
(a)be plugged and sealed in accordance with paragraphs (2), (3), (4) and (5) of this clause, as soon as reasonably practicable; or
(b)if the Minister so directs at the time of revocation, be left in good order and fit for further working together with all casings and any Well head fixtures the removal whereof would cause damage to such Wells.”.
(4) For—
(a)paragraph 16(9) of Schedule 2;
(b)paragraph 17(9) of Schedule 3;
(c)paragraph 15(9) of Schedule 4; and
(d)paragraph 15(9) of Schedule 6,
substitute the following—
“(9) All casings and fixtures forming part of a Well and left in position at the expiry or determination (whether by revocation or otherwise) of the Licensee’s rights in respect of the area or part thereof in which that Well is drilled, or at the completion of any works required of the Licensee under paragraph (7A) of this clause (whichever is the later), shall be the property of the Minister.”.
(5) At the beginning of—
(a)paragraphs 20(2)(c), (d) and (e) of Schedule 1;
(b)paragraphs 38(2)(c), (d) and (e) of Schedule 2;
(c)paragraphs 39(2)(c), (d) and (e) of Schedule 3;
(d)paragraphs 37(2)(c), (d) and (e) of Schedule 4; and
(e)paragraphs 36(2)(c), (d) and (e) of Schedule 6,
insert the words “in Great Britain,”.
(6) In—
(a)paragraph 20(2)(c) of Schedule 1;
(b)paragraph 38(2)(c) of Schedule 2;
(c)paragraph 39(2)(c) of Schedule 3;
(d)paragraph 37(2)(c) of Schedule 4; and
(e)paragraph 36(2)(c) of Schedule 6,
after the word “bankruptcy”, insert the words “or sequestration”.
(7) After—
(a)paragraph 20(2)(e) of Schedule 1;
(b)paragraph 38(2)(e) of Schedule 2;
(c)paragraph 39(2)(e) of Schedule 3;
(d)paragraph 37(2)(e) of Schedule 4; and
(e)paragraph 36(2)(e) of Schedule 6,
insert the following—
“(ee)in a jurisdiction other than Great Britain, the commencement of any procedure or the making of any arrangement or appointment substantially corresponding to any of those mentioned in sub-paragraphs (c) to (e) of this paragraph;”.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: