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Paragraph 12

England, Wales and Scotland

In both versions of clause 27 of the relevant clauses for the words “consideration by way of royalty or otherwise specified by Schedule 2 hereto” there shall be substituted the words “payments mentioned in clause 8(1) of this licence” and for the word “consideration” there shall be substituted the word “payments”.

Notes on the whole Act

Textual amendments

F1

Act repealed (15/02/1999) by 1998 c. 17, s. 51, Sch. 5 Pt. I (with Sch. 3 paras. 5(1), 10); S.I. 1999/161, art. 2

Notes on Schedule 3

Modifications

C1

The text of Sch. 3 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.1991.

C2

By S.I. 1976/1129, reg. 3(2), Sch. 2 Pt. II it is provided that the Petroleoum (Production) Regulations 1966 (S.I. 1966/898) cease to have effect in relation to applications for, or model clauses incorporated in, any licence granted after 20.8.1976 to search and bore for, and get, petroleum.