Paragraph 5 Payment of consideration for licenceF1I1
United Kingdom
(1)
The Licensee shall make to the Minister the payment specified in Schedule 2 to this licence as consideration for the grant of this licence.
(2)
The Licensee shall not by reason of the termination of this licence be entitled to be repaid or allowed all or any part of the sum payable to the Minister hereunder.
Annotations
Textual amendments
- F1
Regulations (except reg. 9(2)(c), Sch. 5) cease to have effect (for specified purposes) (30.6.2015) by The Petroleum Licensing (Applications) Regulations 2015 (S.I. 2015/766), regs. 1, 3 (with reg. 4(7))
Commencement
- I1
Sch. 4 clause 5 in force at 30.6.1995, see reg. 1