Regulation 3 Liability to pay the levy

A licensee who, at the relevant time, holds a petroleum licence which is an offshore production licence or an offshore exploration licence is liable to pay a levy to the OGA in respect of the relevant charging period.

Subject to paragraph (3), for each offshore production licence which a licensee holds at the relevant time, the licensee is liable to pay a levy of—

For each offshore production licence which a licensee holds at the relevant time, and under which, at that time, the licensee is entitled to—

the licensee is liable to pay a levy of £65,444.77.

Where at the relevant time a licensee holds an offshore exploration licence, the licensee is liable to pay a levy of £9,341.76.

Where the licensee is more than one person—

In this regulation—

• “micro enterprise” has the meaning given in article 2(3) of the Annex to Commission Recommendation 2003/361/EC of 6th May 2003^f1 concerning the definition of micro, small and medium-sized enterprises;

• “offshore exploration licence” means a petroleum licence of the sort referred to in regulation 2(2)(a) of the Offshore Exploration (Petroleum, and Gas Storage and Unloading) (Model Clauses) Regulations 2009^f2, relating to an area any part of which lies within offshore waters;

• “offshore production licence” means a petroleum licence relating to an area any part of which lies within offshore waters which is not an offshore exploration licence;

• “offshore waters” means—

  1. (a)

     the waters comprising the territorial sea of the United Kingdom, and

  2. (b)

     the sea in any area for the time being designated under section 1(7) of the Continental Shelf Act 1964^f3;

• “promote licence” means an offshore production licence in which, in accordance with the model clauses prescribed by the Petroleum Licensing (Production) (Seaward Areas) Regulations 2008^f4—

  1. (a)

     a “Promote Period” (within the meaning of the licence) is specified, and

  2. (b)

     a clause is included concerning the effect of the expiry of the Promote Period in relation to the continuation of the licence beyond that period;

• “relevant time” means 12.01a.m. on 1st April 2017.