# The Offshore Gas Storage and Unloading (Licensing) Regulations 2009, Paragraph 5: Right of Licensee to terminate Licence

Extent: E+W+S+N.I.

(1) The Licensee may at any time by giving to the Minister not less than one month’s notice in writing to that effect terminate this licence; but such termination does not affect any obligation imposed upon, or liability incurred by, the Licensee under the terms and conditions of this Licence.
(2) Where two or more persons are the Licensee, one of those persons may at any time by giving to the Minister not less than one month’s notice in writing to that effect terminate this licence in so far as it applies to that person, and in that case—
(a) the authorisation granted to the person under this licence ceases, but this does not affect any obligation imposed upon, or liability incurred by, that person under the terms and conditions of this Licence; and
(b) the Licence continues to have effect in respect of the other person who constitutes, or persons who together constitute, the Licensee and in relation to whom it is not terminated.

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Source: https://www.legislation.gov.uk/uksi/2009/2813/schedule/paragraph/5 (the official version)
Page: https://openlegislation.uk/offshore-gas-storage-and-unloading-licensing-regulations-2009/schedule/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.