Regulation 8 Transfer conditions

For the purposes of regulations 9 to 11, the transfer conditions are that—

(a)

all available evidence indicates that the stored CO₂will be completely and permanently contained;

(b)

the minimum period (determined under regulation 7) has elapsed;

(c)

the operator has provided the financial contribution notified to it under regulation 10(4);

(d)

the storage site has been sealed and the injection facilities have been removed; and

(e)

the abandonment programme has been carried out in accordance with Part 4 of the Petroleum Act 1998 M1.

Annotations

M1: Section 30 of the Energy Act 2008 (c.32) applies Part 4 of the Petroleum Act 1998 to carbon storage installations (as defined by section 30(5)).