xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
2. In the event that—
(a)the no licence is granted under the North Sea Transition Authority 33rd Offshore Licensing Round;
(b)any licence granted under the North Sea Transition Authority 33rd Offshore Licensing Round is terminated and no longer has effect;
(c)before 1 January 2026, the licensee has not obtained the necessary consents;
(d)the licensee fails to serve notice on the undertaker as required by paragraph 5,
the obligations on the undertaker in this Part of this Schedule shall no longer have effect.
Commencement Information
I1Sch. 9 Pt. 10 para. 2 in force at 3.8.2023, see art. 1