E1F1PART 1AMaximising economic recovery of UK petroleum

Annotations:
Extent Information
E1

Pt. 1A extended (N.I.) (1.10.2016) by Energy Act 2016 (c. 20), ss. 74(1), 84(3); S.I. 2016/920, reg. 2(c)

Amendments (Textual)

9HAF2“Relevant offshore installations” and their owners

1

For the purposes of this Part an offshore installation is a relevant offshore installation if and in so far as it is used in relation to petroleum within subsection (2) (including such petroleum after it has been got).

2

Petroleum is within this subsection if it is petroleum which for the time being exists in its natural condition in strata beneath—

a

the territorial sea adjacent to Great Britain, or

b

the sea in any area designated under section 1(7) of the Continental Shelf Act 1964.

3

In this Part “owner”, in relation to a relevant offshore installation, means—

a

a person in whom the installation is vested, and

b

a lessee and any person occupying or controlling the installation.