Part 1: Licensing of Carbon Dioxide Transport and Storage Chapter 1: Licensing of Activities Section 17: Termination of licence
The terms of the licence will provide for the economic regulator to be able to revoke a licence in certain predefined circumstances and after providing a certain number of days’ notice. The economic regulator will be required to notify persons who may be affected by the licence termination, which includes the relevant licensing authorities for CO2 storage licences under the provisions of the Energy Act 2008.