# The Hydrocarbons (Temporary Management Scheme) Regulations 2013, Regulation 24: Contracts directed as ceasing to be managed contracts


(1) The Secretary of State may by notice given to each relevant party to a managed contract, direct that the contract is to cease to be a managed contract.
(2) A direction under paragraph (1)—
(a) may apply to more than one managed contract; and
(b) must—
(i) identify each managed contract to which the direction relates; and
(ii) give the date on which the contract will cease to be a managed contract (“the cessation date”), which date must be no earlier than seven days after the date of the direction.
(3) A managed contract may be identified under paragraph (2)(b)(i) by reference to a class or description of contract set out in the direction.
(4) The Secretary of State may before the cessation date give a notice withdrawing a direction given under paragraph (1).
(5) A notice under paragraph (4) must be given to each relevant party to whom the direction was given.
(6) In this regulation, a “relevant party” means a person, other than the restricted person, whom the Secretary of State believes may be a party to the managed contract.

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Source: https://www.legislation.gov.uk/uksi/2013/1329/regulation/24 (the official version)
Page: https://openlegislation.uk/hydrocarbons-temporary-management-scheme-regulations-2013/regulation-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.