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SCHEDULE 2Model clauses for petroleum exploration and development licences

Power of partial revocation in respect of parts of the Licensed Area which are not Retention Areas or Development Areas

43.—(1) The Minister may, at any point during the Production Period, revoke this Licence in respect of any part of the Licenced Area which is not a Retention Area or a Development Area and thereupon the same and all rights hereby granted shall cease and determine in respect of that part but subject nevertheless and without prejudice to any obligation or liability incurred by the Licensee or imposed on him by or under the terms and conditions hereof.

(2) Before revoking this Licence in accordance with paragraph (1), the Minister shall—

(a)serve notice in writing on the Licensee stating that the Minister proposes to revoke this licence in pursuance of this clause and stating the part of the Licenced Area in respect of which the revocation will apply;

(b)give the Licensee the reasons for his decision and an opportunity to make representations to the Minister within 28 days of the date of the notice; and

(c)consider any such representations then made to him by the Licensee.