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The Petroleum Licensing (Exploration and Production) (Seaward and Landward Areas) Regulations 2004
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- UK Statutory Instruments
- 2004 No. 352
- SCHEDULE 6
- Paragraph 32
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DiligenceU.K.
32.—(1) This clause applies in respect of any part of the Licensed Area situated in Scotland.
(2) If and whenever any of the payments mentioned in clause 9(1) of this licence or any part thereof shall be in arrear or unpaid for 28 days next after any of the days whereon the same ought to be paid (whether the same shall have been legally demanded or not), then and so often as the same may happen the Minister may (as an additional remedy and without prejudice to any other rights and remedies to which he would be entitled) do diligence in respect thereof in like manner as a landlord may do diligence in respect of unpaid arrear of rent and such diligence shall be effectual to attach all or any of the stocks of Petroleum, engines, machinery, tools, implements and other effects belonging to the Licensee which shall be found on or about any of the Licensee’s installations and equipment used or to be used in connection with searching, boring for or getting Petroleum in the Licensed Area, and where in pursuance of such a diligence a sale of such effects as shall have been attached thereby takes place the Minister may out of the proceeds thereof retain and pay all the arrears of the said payments and also the expenses of and incident to such diligence and sale and shall pay the surplus thereof (if any) to the Licensee.
Commencement Information
I1Sch. 6 clause 32 in force at 5.3.2004, see reg. 1
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