SCHEDULE PORT OF TILBURY TRANSFER SCHEME 1991

Works licences
7. (1) Each of the works specified in column 1 of Part I of Schedule 5 is a work constituting or comprised in property transferred by this Scheme which requires a works licence, and accordingly a works licence to maintain and retain each of those works is to be regarded as having by virtue of section 25(1) of the 1991 Act been granted by the Port Authority to the Company on the transfer date.
(2) Each such licence is to be regarded as having been granted–
(a) unless otherwise agreed in writing between the Port Authority and the Company, on the terms that–
(i) the consideration therefor is to be reassessed at such intervals as may from time to time be agreed in writing between the Port Authority and the Company;
(ii) subject to section 69 of the 1968 Act (which provides for appeals against the revocation of a licence), the Port Authority may revoke the licence by giving to the Company not less than the period of notice (to expire at any time) specified in relation to the work the subject of the licence in column 2 of Part I of Schedule 5; and
(iii) the Company is to use the work the subject of the licence only for the purpose specified in relation thereto in column 3 of the said Part I; and
(b) on the other terms specified in Part II of the said Schedule or on such other terms as may from time to time be agreed in writing between the Port Authority and the Company.