# The Petroleum Licensing (Applications) Regulations 2015, Paragraph 2


If the application is made by more than one person, and the applicants have agreed on the manner in which the benefits resulting from the exploitation of the licence should be shared between them, the share each applicant would be entitled to take.

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Source: https://www.legislation.gov.uk/uksi/2015/766/schedule/2/paragraph/2 (the official version)
Page: https://openlegislation.uk/petroleum-licensing-applications-regulations-2015/schedule-2/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.