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).