Moved by
Lord Callanan
68: Clause 82, page 71, line 28, leave out “licence holder” and insert “person”
Member's explanatory statement
This amendment and the amendment in the name of Lord Callanan at page 71, line 29 enable regulations under clause 81(1) to apply to a person falling within paragraph (a) or (b) of subsection (3).
69: Clause 82, page 71, line 29, leave out “and” and insert “or”
Member's explanatory statement
See the explanatory statement for the amendment in the name of Lord Callanan at page 71, line 28.
70: Clause 82, page 71, line 34, leave out paragraph (a) and insert—
“(a) require relevant persons to provide the Secretary of State with estimates of costs that are likely to be incurred in connection with obligations such as are mentioned in subsection (1) (“decommissioning costs”);”
Member's explanatory statement
See the explanatory statement for the amendment in the name of Lord Callanan at page 71, line 22.
71: Clause 82, page 71, line 38, leave out from “decommissioning” to “and” in line 39 and insert “costs”
Member's explanatory statement
See the explanatory statement for the amendment in the name of Lord Callanan at page 71, line 22.
72: Clause 82, page 72, line 3, leave out from “relevant” to “at” in line 4 and insert “persons to review estimates of decommissioning costs”
Member's explanatory statement
This amendment is consequential on the amendments in the name of Lord Callanan at page 71, line 22 and page 71, line 28.
73: Clause 82, page 72, line 9, leave out “licence holders” and insert “persons”
Member's explanatory statement
This amendment is consequential on the amendment in the name of Lord Callanan at page 71, line 28.
74: Clause 82, page 72, line 15, leave out subsection (5)
Member's explanatory statement
This amendment is consequential on the amendment in the name of Lord Callanan at page 71, line 22.
75: Clause 82, page 72, line 25, leave out paragraph (a) and insert—
“(a) requiring that security for the discharge of liabilities in respect of decommissioning costs must be provided by way of a fund (a “decommissioning fund”);”
Member's explanatory statement
This amendment introduces the expression “decommissioning fund” and removes a requirement that regulations must specify the arrangements under which such funds are to be held.
76: Clause 82, page 72, line 30, leave out from “of” to end of line 31 and insert “decommissioning funds”
Member's explanatory statement
This amendment is consequential on the amendment in the name of Lord Callanan at page 72, line 25.
77: Clause 82, page 72, line 32, leave out “licence holder” and insert “person”
Member's explanatory statement
This amendment is consequential on the amendment in the name of Lord Callanan at page 71, line 28.
78: Clause 82, page 72, line 36, leave out “an appropriate” and insert “a relevant”
Member's explanatory statement
This amendment and the amendment in the name of Lord Callanan at page 73, line 25 enable certain functions to be conferred on the Oil and Gas Authority (in addition to the Secretary of State and the economic regulator).
79: Clause 82, page 72, line 37, leave out from “of” to end of line 38 and insert “decommissioning funds”
Member's explanatory statement
This amendment is consequential on the amendment in the name of Lord Callanan at page 72, line 25.
80: Clause 82, page 72, line 42, leave out subsections (8) and (9) and insert—
“(8) Regulations under subsection (1) may require the Secretary of State to publish guidance about—
(a) estimates of decommissioning costs (including factors which it may be appropriate to consider in deciding whether or not to approve estimates of such costs);
(b) the structure, accrual and management of decommissioning funds.”
Member's explanatory statement
This amendment and the amendment in the name of Lord Callanan at page 73, line 7 replace the duty to publish guidance with a power to require the Secretary of State to publish guidance and make other changes to the provision about guidance.