26In section 1 of the 1975 Act (constitution of the Oil Corporation)—
(a)in subsection (2) (number of members) for the words "not less than eight and not more than twenty " there shall be substituted the words " not less than five and not more than twelve "; and
(b)subsection (3)(c) (two members to be civil servants) shall be omitted.
27In section 2 of that Act (general powers of the Oil Corporation)—
(a)in subsection (1) for paragraph (e) there shall be substituted the following paragraph—
“(e)without prejudice to the generality of the preceding paragraphs, to enter into participation agreements (within the meaning of the [1978 c. 1.] Participation Agreements Act 1978) and to do anything required for the purpose of giving effect to such arrangements, including agreements entered into by persons other than the Corporation ;”; and
(b)in subsection (4)(d) the words " or lend " shall be omitted and for the word " guarantee " there shall be substituted the words " give any surety or guarantee for ".
28In section 3 of that Act (general duties of the Oil Corporation) subsection (3) (duty to tender advice to the Secretary of State) shall be omitted.
29At the beginning of subsection (2) of section 37 of that Act (inspectors) there shall be inserted the words " Subject to subsection (3) of this section " and after that subsection there shall be inserted the following subsection—
“(3)The powers conferred on an inspector by paragraph (a) or (b) of the preceding subsection shall not be exercisable as respects any refinery or land unless not less than 7 days' notice has been given to a person having control of that refinery or land.”
30In section 44 of that Act (extension of the 1971 Act) subsections (1) to (4) shall be omitted.
31In section 45(3) of that Act (exclusion of Dumping at Sea Act 1974) the words " or any such other installation as is mentioned in section 44(1) of this Act" shall be omitted.
32In section 46 of the 1975 Act (orders and regulations), in subsections (1) and (2), after the words "section 6(3)" there shall be inserted the words " or (10) ".
33In paragraph 14 of Schedule 1 to that Act (constitution etc. of the Oil Corporation) for the words from " appointed " onwards there shall be substituted the words " who is employed in the civil service of the State ".