# The Petroleum (Production) (Landward Areas) Regulations 1995, Paragraph 5: Payment of consideration for licence

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

(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.

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Source: https://www.legislation.gov.uk/uksi/1995/1436/schedule/4/paragraph/5 (the official version)
Page: https://openlegislation.uk/petroleum-production-landward-areas-regulations-1995/schedule-4/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.