The Carbon Dioxide Transport and Storage (Financing of Costs of Offshore Decommissioning) Regulations 2026
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Change 1
24 Payment pursuant to a safeguard measure
A person must not make a payment from an offshore decommissioning fund to a person responsible for the carrying out or facilitating of a safeguard measure, unless— (a) the Secretary of State has granted an approval authorising the fund holder to make the payment to the proposed recipient, and (b) the payment is made in accordance with the terms of the approval of the Secretary of State.
24 Payment pursuant to a safeguard measure
A person must not make a payment from an offshore decommissioning fund to a person responsible for the carrying out or facilitating of a safeguard measure, unless— (a) the Secretary of State has granted an approval authorising the fund holder to make the payment to the proposed recipient, and (b) the payment is made in accordance with the terms of the approval of the Secretary of State.
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