OpenLegislation

Paragraph 4 Extension of Exploration PeriodI1

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Where an application is made to the Minister not later than two months before the end of the Exploration Period, the Minister may decide that the Exploration Period is to be extended for such further period as the Minister and the Licensee may agree.

(2)

The extension may be made subject to such modification of the terms and conditions of this licence as the Minister considers appropriate; and (subject to any such modification) this clause shall apply to the Exploration Period as so extended.

Annotations

Commencement

I1

Sch. para. 4 in force at 13.11.2009, see reg. 1(1)