Part 1: Licensing of Carbon Dioxide Transport and Storage Chapter 1: Licensing of Activities Section 19: Consenting to transfer
Section 19 describes the process that must be followed by the economic regulator before it gives consent to any transfer, requiring a notice of any proposal to grant consent to be given to specified persons and requiring the economic regulator to take into account any representations made by those persons in advance of making a decision. In particular, the Secretary of State has a right to direct the economic regulator not to consent to a transfer of licence as there may be Government support contracts in place between the Secretary of State and the transport and storage company pursuant to the licence.