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3. In section 28(1)—
(a)after the definition of “holder” insert—
““new facility” means—
an offshore gas storage facility the construction of which is or is to be completed after 3rd August 2003; or
an offshore gas storage facility the modification of which to provide for a significant increase in capacity is or is to be completed after 3rd August 2003”; and
(b)for the definition of “offshore gas storage facility” substitute—
““offshore gas storage facility” means a facility for the storage of gas in controlled waters other than the territorial sea of the United Kingdom adjacent to Northern Ireland;”.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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