Part 1: Licensing of Carbon Dioxide Transport and Storage Chapter 1: Licensing of Activities Section 18: Transfer of licences
Section 18 provides for a licence to be transferred to another person, or the inclusion of another person as a party to the licence, providing the consent of the economic regulator has been granted. That consent may be made subject to specified conditions. For example, a licensee may wish to transfer their licence as part of a proposed commercial merger transaction.