Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 57 of 101
Page | 57 101. Where the Authority determines that an error or incorrect entry has been made into a register, the Authority shall correct the error or incorrect entry and cause a notice of the incorrect entry or error in the register and the correction to be published on the Authority’s website Error in registers 102. A sanction or penalty imposed by the Authority shall be deleted from a register five years after the sanction or penalty has been fully discharged by the holder of licence, permit, authorisation, or exemption Deletion from registers 103. (1) A register required under these regulations shall be readily accessible to the public from Tuesdays to Thursdays from 10am to 3pm at the Authority’s headquarters. (2) A person seeking to access a physical register shall apply to the Authority through the portal and such approval shall be granted upon the payment of prescribed fees. (3) The Authority shall also maintain an up-to-date electronic form of the registers required under these regulations on its website, which shall be accessible by any member of the public upon the payment of prescribed fees. Public access to the registers 104. A member of the public shall, upon the payment of prescribed fees, be entitled to obtain a certified true copy of any document or record contained in the registers referred to in these regulations Certified true copy 105. (1) A holder of a licence, permit, authorisation, or exemption shall notify the Authority of any changes that occur in its structure during the life of the licence, permit, authorisation, or exemption. (2) The notice to the Authority shall contain, where applicable - (a) in connection with a change of operator, extension of the licence and surrender of the licence, the approval issued by the Authority; (b) in connection with a change of company name, a certified true copy of certificate of incorporation from the Corporate Affairs Commission showing the new name of the company; (c) in connection with a mortgage of a facility under Authority’s licences, permits, authorisations or exemptions – i. mortgage bond with certified copy, ii. certified true copy of the certification of registration for mortgagor, Duty to notify the Authority of changes
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