(1)The licensing authority may by regulations make provision—
(a)about the circumstances in which a licence may be terminated;
(b)imposing obligations on the licensing authority in respect of a carbon storage facility on or after the termination of a licence relating to the facility.
(2)Regulations under this section may, in particular, make provision about financial arrangements to be made in relation to a closed carbon storage facility on or after the termination of a licence relating to the facility.
(3)A licence has effect subject to any regulations under this section.