Introductory Text
1.Citation and commencement
2.Model clauses
3.The model clauses prescribed by regulation 3(2) of, and Schedule...
Signature
SCHEDULE
MODEL CLAUSES FOR EXPLORATION LICENCES
1.Interpretation etc.
2.Grant of Licence
3.Prospecting methods
4.Term of licence
5.Right of Licensee to terminate licence
6.Provision of contact details to Minister
7.Payment of consideration for licence
8.Commencement, abandonment and plugging of Wells
9.Avoidance of harmful methods of working
10.Fishing and navigation
11.Licensee to keep records
12.Returns
13.Licensee to keep samples
14.Reports to be treated as confidential
15.Inspection of records etc
16.Rights of access
17.Power to execute works
18.Indemnity against third-party claims
19.No transfer, assignment or sub-licence
20.Power of revocation
21.Power of partial revocation
22.Arbitration
23.Ministry of Defence
24.Relationship with fishing industry
Explanatory Note