# The Hydrocarbons Licensing Directive Regulations 1995, Regulation 6: Duration of the licence

Extent: E+W+S

(1) Subject to paragraph (2) below, the OGA shall ensure that—
(a) a licence only grants an entity exclusive rights for the period which is necessary for the proper performance of the activities authorised by the licence; and
(b) the duration of the licence does not exceed the period necessary to carry out the activities authorised by the licence.
(2) The OGA may extend the term of a licence if—
(a) the terms and conditions of the licence permit an extension of the term;
(b) the licensee has performed its obligations in accordance with the terms and conditions of the licence; and
(c) the term of the licence has proved, or is likely to prove, insufficient for the licensee to complete the activities authorised by the licence.

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Source: https://www.legislation.gov.uk/uksi/1995/1434/regulation/6 (the official version)
Page: https://openlegislation.uk/hydrocarbons-licensing-directive-regulations-1995/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.