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4. The purpose of the regulations contained in this instrument that are made under section 1 of the Act is to discourage any hydrocarbon exploration, production or extraction activities which have not been authorised by the Republic of Cyprus in its territorial sea or in its exclusive economic zone or on its continental shelf including, in cases where the exclusive economic zone or continental shelf has not been delimited in accordance with international law with a State having an opposite coast, activities which may jeopardise or hamper the reaching of a delimitation agreement.
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