Schedules

Schedule 21Petroleum licences: amendments to model clauses

Part 2Petroleum (Current Model Clauses) Order 1999

I1I220Part 2 of Schedule 5

1

Clause 40 (power of revocation) is amended as follows.

2

In paragraph (2)—

a

after sub-paragraph (i) insert—

j

if the Licensee is a company, any breach of a condition subject to which the Oil and Gas Authority gave its consent to a change in control of the Licensee (see clause 39A);

k

if the Licensee is a company, any failure to provide full and accurate information in response to a notice given by the Oil and Gas Authority to that company under section 5D of the Act of 1998;

b

in the closing words, after “(g)” insert “or (j) or (k)”.

3

Omit paragraphs (3) to (5).