Part 2Sustainability and Renewable Energy Sources

Chapter 3Decommissioning of offshore installations

Supplementary provisions of Chapter 3 of Part 2

I1114Interpretation of Chapter 3 of Part 2

1

Expressions used in this Chapter and in Chapter 2 of this Part have the same meanings in this Chapter as in that Chapter.

2

In this Chapter—

  • “decommissioning programme” has the meaning given by section 105(2);

  • “extend” and “extension”, in relation to an electric line, have the same meanings as they have in Chapter 2 of this Part and this Chapter in relation to a renewable energy installation;

  • “recipient”, in relation to a notice under section 105, means the person or any one or more of the persons to whom that notice was given;

  • “relevant object” has the meaning given by section 105(10);

  • “security” includes—

    1. a

      a charge over a bank account or any other asset;

    2. b

      a deposit of money;

    3. c

      a performance bond or guarantee;

    4. ca

      F1an insurance policy;

    5. d

      a letter of credit; and

    6. e

      a letter of comfort;

  • “waters regulated under this Chapter” has the meaning given by section 105(10).

3

References in this Chapter to providing a security include references—

a

to securing its maintenance or renewal; and

b

to ensuring that its value is adjusted from time to time to take account of changes to the likely costs of the matters in respect of which it is given.

4

References in this Chapter to the person by whom a decommissioning programme was submitted are references, in the case of a programme submitted jointly by more than one person, to each of them.

5

Provision made by or under this Chapter in relation to places outside the United Kingdom—

a

so far as it applies to individuals, applies to them whether or not they are British citizens; and

b

so far as it applies to bodies corporate, applies to them whether or not they are incorporated under the law of any part of the United Kingdom.