# The Petroleum Licensing (Production) (Seaward Areas) Regulations 2008, Paragraph 3: Term of Licence

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

(1) This licence shall commence on the date on which it is granted.
(2) Unless sooner determined under any of its provisions, this licence shall continue—
(a) for the Initial Term, subject to clause 10 and (where applicable) clauses 4 and 5;
(b) for the Second Term, subject to clauses 6 and 10;
(c) for the Third Term, subject to clauses 8 and 10.
(3) On expiry of the Third Term, this licence shall determine unless extended in accordance with clause 9.

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Source: https://www.legislation.gov.uk/uksi/2008/225/schedule/paragraph/3 (the official version)
Page: https://openlegislation.uk/petroleum-licensing-production-seaward-areas-regulations-2008/schedule/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.