Paragraph 13 ArbitrationF1I1
United Kingdom
If at any time any dispute, difference or question shall arise between the F2OGA and the Licensee as to any matter arising under or by virtue of this licence or as to their respective rights and liabilities in respect thereof then the same shall, except where it is expressly provided by this licence that the matter or thing to which the same relates is to be determined or consented to by the OGA, be referred to arbitration as provided by the following paragraph.
The arbitration referred to in the foregoing paragraph shall be in accordance with the Arbitration Act 1950 by a single arbitrator who, in default of agreement between the F3OGA and the licensee as to his appointment, shall be appointed by the Lord Chief Justice of England for the time being.
Note: Where the licensed area is situate in Scotland the following paragraph will be substituted for the last foregoing paragraph.
The arbitration referred to in the foregoing paragraph shall be by a single arbiter who, in default of agreement between the F4OGA and the Licensee as to his appointment, shall be appointed by the Lord President of the Court of Session.
Note:A schedule to each Licence will provide for the payment by the Licensee of sums agreed between the F5OGA and the Treasury which may include annual payments payable in advance.
Licences will be executed as deeds in duplicate by all parties thereto.
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))
- F2
Word in Sch. 5 clause 13(1) substituted (1.10.2016) by The Energy (Transfer of Functions, Consequential Amendments and Revocation) Regulations 2016 (S.I. 2016/912), regs. 1(1), 6(21)(a)
- F3
Word in Sch. 5 clause 13(2) substituted (1.10.2016) by The Energy (Transfer of Functions, Consequential Amendments and Revocation) Regulations 2016 (S.I. 2016/912), regs. 1(1), 6(21)(b)
- F4
Word in Sch. 5 clause 13(2A) substituted (1.10.2016) by The Energy (Transfer of Functions, Consequential Amendments and Revocation) Regulations 2016 (S.I. 2016/912), regs. 1(1), 6(21)(c)
- F5
Word in Sch. 5 clause 13 substituted (1.10.2016) by The Energy (Transfer of Functions, Consequential Amendments and Revocation) Regulations 2016 (S.I. 2016/912), regs. 1(1), 6(21)(d)
Commencement
- I1
Sch. 5 clause 13 in force at 30.6.1995, see reg. 1