Paragraph 3 Term of Licence

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch.4, model clause 12(1)(b)(3)(9)(10) revoked by Petroleum (Production) (Seaward Areas) 1996 reg.8(i)
Sch.4, model clause 3A added by Petroleum (Production) (Seaward Areas) 1996 reg.8(d)
Sch.4, model clause 4(1) amended by Petroleum (Production) (Seaward Areas) 1996 reg.8(e)(i)
Sch.4, model clause 4(2)(a) substituted by Petroleum (Production) (Seaward Areas) 1996 reg.8(e)(ii)
Sch.4, model clause 4(2)(b)(3)(4) amended by Petroleum (Production) (Seaward Areas) 1996 reg.8(e)(iii) (iv)(v)
Sch.4, model clause S, heading substituted by Petroleum (Production) (Seaward Areas) 1996 reg.8(f)(i)
Sch.4, model clause 5 amended by Petroleum (Production) (Seaward Areas) 1996 reg.8(f)(ii)
Sch.4, model clause 5(4)(5) amended by Petroleum (Production) (Seaward Areas) 1996 reg.8(f)( iii)
Sch.4, model clause 8(1)(b) rev. in pt. by Petroleum (Production) (Seaward Areas) 1996 reg.8(h)
Sch. 4, model clause 38 rev. in pt. by Petroleum (Production) (Seaward Areas) 1996 reg.8(j)
Sch.4, model clause 2 amended by Petroleum (Production) (Seaward Areas) 1996 reg.8(b)
Sch.4, model clause 1 (defns. of block and the Minister) amended by Petroleum (Production) (Seaward Areas) 1996 reg.8(a)(i)
Sch. 4, model clause 1 (defn. of initiat term) replaced (by defns, initial term and second term) by Petroleum (Production) (Seaward Areas) 1996 reg.8(a)(ii)
Sch.4, model clause 3 substituted by Petroleum (Production) (Seaward Areas) 1996 reg.8(c)
Sch.4, model clauses 9(b), 12(b) revoked by Petroleum (Production) (Seaward Areas) 1995 reg.8(2)(b)
Sch.4, model clause 10(1) amended by Petroleum (Production) (Seaward Areas) 1995 reg.8(3)(a)
Sch.4, model clause 10(2) revoked by Petroleum (Production) (Seaward Areas) 1995 reg.8(3)(b)
Sch.4, model clause 10(3) amended by Petroleum (Production) (Seaward Areas) 1995 reg.8(3)(c)
Sch.4, model clauses 10(5)-(8) revoked by Petroleum (Production) (Seaward Areas) 1995 reg.8(3)(d)
Sch.4, model clauses 11, 13, 30 revoked by Petroleum (Production) (Seaward Areas) 1995 reg.8(4)
Sch.4, model clause 31(3) substituted by Petroleum (Production) (Seaward Areas) 1995 reg.8(5)
Sch.4, model clause 32(4) added by Petroleum (Production) (Seaward Areas) 1995 reg.8(6)
Sch.4, model clause 34(iv) substituted by Petroleum (Production) (Seaward Areas) 1995 reg.8(7)
Sch.4, model clause 42(2)(g) substituted by Petroleum (Production) (Seaward Areas) 1995 reg.8(8)
Sch.4, model clauses 9(a), 12(a) amended by Petroleum (Production) (Seaward Areas) 1995 reg.8(2)(a)
Sch. 4 incorporated in part (with modifications) (temp.) by Petroleum Act 1998 s. 5 Sch. 1 para. 18-24
Schs.4, 5 amended by Offshore Safety Act 1992 s. 3(1)(e)

This licence unless sooner determined under any of the provisions hereof shall be and continue in force for the term of six years next after (hereinafter called “the initial term”); but if the terms and conditions of this licence are duly performed and observed and, in particular, if the work programme described in Schedule 4 to this licence has been duly performed, it may be continued for a further term of twelve years as provided by clause 4 of this licence and, if the terms and conditions of this licence continue to be duly performed and observed, thereafter as provided by clause 5 (and subject to the provisions of clause 6) of this licence for a further maximum period of eighteen years.