# The Petroleum (Production) (Landward Areas) Regulations 1991, Paragraph 3: Term of licence


This licence unless sooner determined under or consequent upon any of the provisions hereof shall be and continue in force for the term of five years next after [ ] (hereinafter called “the initial term”); but if the terms and conditions hereof are duly performed and observed, it may be extended for a further period or periods under clause 4.

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Source: https://www.legislation.gov.uk/uksi/1991/981/schedule/5/paragraph/3 (the official version)
Page: https://openlegislation.uk/petroleum-production-landward-areas-regulations-1991/schedule-5/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.