Schedules
Schedule 21Petroleum licences: amendments to model clauses
Part 4Petroleum Licensing (Production) (Seaward Areas) Regulations 2008
I1I266
1
Clause 42 (power of partial revocation) is amended as follows.
2
For paragraph (1) substitute—
1
This clause applies in a case where two or more persons are the Licensee and—
a
an event mentioned in clause 41(2)(c), (d), (e), (f) or (h) occurs in relation to one of those persons;
b
an event mentioned in clause 41(2)(b) occurs which consists of a breach of clause 40A(2) or (4) in relation to a change in control of one of those persons;
c
an event mentioned in clause 41(2)(k) occurs in relation to a change in control of one of those persons (see clause 40A); or
d
an event mentioned in clause 41(2)(l) occurs which consists of a failure by one of those persons as mentioned in that provision.
3
In paragraph (2), for “or (b)” substitute “, (b), (c) or (d)”
.