Part 1: Licensing of Carbon Dioxide Transport and Storage Chapter 4: Special Administration Regime Section 43: Objective of a transport and storage administration
Section 43 provides the objective for an administration order made under this Part and the means by which the administrator has to achieve those objectives.
	The objective of the administrator for the purposes of the SAR is to commence or continue the activities authorised by the relevant licence of the company with the objective of ensuring the licenced activities can be continued in a manner which is efficient and economic, and which ensures the safety and security of the transport and storage network, and that it becomes unnecessary for the order to remain in force. The Government expects that the administrator will take into account any decommissioning requirements when considering what is required to ensure a safe and secure transport and storage network.
	The means by which the administrator can achieve the objective is by rescuing the company as a going concern or transferring its assets, rights and obligations to one or more companies.