Regulation 5 Invited applications

for paragraph (1) substitute—

“(1)

Subject to paragraph (5) below, every application for a production licence pursuant to these Regulations shall relate to —

(a)

a block, or

(b)

a tranche

described in a notice published in the Official Journal or to a number of blocks or tranches so described”;

in paragraph (2), for the words from “areas (in these Regulations referred to as “blocks”)” to the end, substitute—

“(a)

areas to which reference numbers shall be assigned (in these Regulations referred to as “blocks”),

(b)

groups of contiguous blocks to which reference numbers shall be assigned (in these Regulations referred to as “tranches”), or

(c)

both blocks and tranches to which reference numbers shall be assigned,

• in respect of which the Secretary of State is prepared to receive applications for production licences.”;

in paragraph (3), after the words “the blocks” insert “or tranches”.