Library / Midstream and Downstream Petroleum Operations Regulations 2025
Midstream and Downstream Petroleum Operations Regulations 2025
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B 2152 113. The Repository may release data to the public after the expiration of the confidentiality period, upon payment of the prescribed fees. PART XIII — DISPOSAL OF CONFISCATED MATERIALS AND EQUIPMENT 114.—(1) The Authority shall have power to confiscate and dispose of materials and equipment referred to in sections 125(4)(c) and 174(4)(c) of the Act, used by persons engaging in specified activities without a valid licence or permit. (2) Where materials and equipment have been confiscated under subregulation (1) of this regulation, the Authority shall dispose of the materials and equipment not later than 24 calendar months from the date of confiscation. (3) Proceeds from the disposal of confiscated materials or equipment shall be paid into the Authority Fund. 115.—(1) Upon confiscation of materials and equipment, the Authority shall cause an ex parte application to be made to the Federal High Court for an interim order forfeiting the property concerned to the Federal Government. (2) Where the Court is satisfied that there is prima facie evidence that the materials and equipment concerned are liable to forfeiture, it shall grant an interim order forfeiting the property to the Federal Government. (3) An interim forfeiture order made pursuant to this regulation may contain any other ancillary order or orders that the Court considers appropriate for the proper, fair and effective execution of the interim forfeiture order. (4) An interim forfeiture order shall expire 60 days after the date on which it was made, unless — (a) there is an application for a final forfeiture order pending before the Court in respect of the materials and equipment subject to the interim forfeiture order; (b) there is an unsatisfied forfeiture order in force, in relation to the materials and equipment subject to the interim forfeiture order; or (c) the preservation order is rescinded before the expiration of that period. (5) The Authority may apply to the Court that granted an interim forfeiture order under these Regulations for a renewal of the order, where — (a) the interim forfeiture order has not been set aside; and (b) there are reasonable grounds to grant the renewal, provided that the cumulative period of renewals shall not exceed 180 days. 116.—(1) The Authority shall within 14 days after the grant of an interim forfeiture order, notify any interested party of the order, by publishing same on its website. Data release schedule Power to confiscate and dispose Interim forfeiture order Notice of interim forfeiture
RegulationsPDF20252025-1250