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Schedules

Schedule 21Petroleum licences: amendments to model clauses

Part 2Petroleum (Current Model Clauses) Order 1999

Part 2 of Schedule 5

20(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).