Regulation 4 Date from which licence etc. takes effect to determine whether old or new fees apply

Notwithstanding the provisions of section 4 of the Petroleum (Consolidation) Act 1928^f1 or section 1(4) of the Petroleum (Transfer of Licences) Act 1936^f2 the fees for petroleum licences substituted by these Regulations shall be payable for any licence first having effect or any transfer or renewal of a licence taking effect on or after 20th February 1987, irrespective of the date of the application for that licence, transfer or renewal.