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

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

(1) The Licensee shall pay to the OGA during the term of this licence the consideration for the grant of this licence specified in the Schedule to this licence at the times and in the manner so specified.
(2) The Licensee shall not by reason of the determination of this licence be entitled to be repaid or allowed any part of any sum payable to the OGA pursuant to this licence.

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