Capacity of operator to meet requirementsU.K.
This section has no associated Explanatory Memorandum
6.—(1) Where the competent authority determines that an operator no longer has the capacity to meet the requirements of the relevant statutory provisions, it must immediately inform the licensing authority (within the meaning given in regulation 2(1) of the Offshore Petroleum Licensing (Offshore Safety Directive) Regulations 2015).
(2) In paragraph (1) the reference to an operator includes a reference to a well operator.