SCHEDULE 7
CURRENT MODEL CLAUSES FOR METHANE DRAINAGE LICENCES DERIV ING FROM SCHEDULE 8 TO THE PETROLEUM (PRODUCTION) REGULATIONS 1982
PART I
1.This Schedule has effect in relation to paragraph 16 of...
2.The current model clauses in relation to the said paragraph...
PART II
1.Interpretation
3.Term of licence
4.Right of Licensee to determine licence
5.Payment of consideration for licence
6.Records
7.Power to inspect accounts, etc.
8.Records to be treated as confidential
9.Notice of commencement and termination of operations
10.Indemnity against third party claims
11.Agreement not to assign
12.Power of revocation
13.Arbitration