Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Assignment or Transfer of Licence and Permit Regulations, Statutory Instrument no. 6 of 2023.

Country/Territory
Nigeria
Document type
Regulation
Date
2023
Source
FAO, FAOLEX
Original source
Federal Republic of Nigeria Official Gazette no. 38 of 2023.
Subject
Energy
Keyword
Energy conservation/energy production Legal proceedings/administrative proceedings Authorization/permit Business/industry/corporations Offences/penalties Ownership Procedural matters Royalties/fees Oil
Geographical area
Africa, North Atlantic, Western Africa
Abstract

These Regulations, made under sections 33 and 117 of the Petroleum Industry Act, No. 6, of 2021, apply to activities connected with the assignment or transfer of licenses or permits granted by the Authority for midstream and downstream petroleum operations, and provide for: establishing a procedure for the assignment or transfer of licence or permit; prescribing fees for such assignment or transfer; establishing sanctions and administrative penalties for misconduct. Matters covered by these Regulations concern: nature of assignment or transfer of licence and permit; change of name arising from a corporate restructuring or rebranding of a company; procedure for assignment or transfer of a licence; prohibition of assignment or transfer of licence or permit without the consent of the Authority; processing fees based on various activities; contraventions and administrative penalties.

Full text
English
Website
www.nmdpra.gov.ng

References - Legislation

Implements

Petroleum Industry Act, no. 6 of 2021.

Legislation | Nigeria | 2021

Keyword: Energy conservation/energy production, Authorization/permit, Business/industry/corporations, Community management, Concession, Consumer protection, Continental shelf, Contract/agreement, Court/tribunal, Traditional rights/customary rights, Environmental standards, Exploration, Royalties/fees, Financing, Framework law, Governance, Institution, Mining, Natural gas, Offences/penalties, Oil, Ownership, Policy/planning, Procedural matters, Social protection, Transport/storage, Sustainable development, Tax/levy, Use restrictions, Standards, Protection of environment, Enforcement/compliance, Fiscal and market measures, Indigenous peoples

Source: FAO, FAOLEX