Afrindustria/ Gas Gap Monitor

Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

Page 61 of 101

Open the PDF at page 61

 
 
Page | 61 
 
(3) A Court making an interim forfeiture order may at the same time, make 
any other ancillary orders that it 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(c) the preservation order is rescinded before the expiration of that 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 this Act 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. 
114. (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. 
(2) A person, who has an interest in any material or equipment that is 
subject to an interim forfeiture order may give notice of his intention to— 
(a) oppose the making of the interim forfeiture order ; or 
(b) apply for an order excluding his interest in the property concerned 
from the operation of the interim forfeiture order. 
(3) A notice under sub regulation (2) shall be served on the Authority within 
14 days of the publication of the interim forfeiture order. 
(4) A notice given under sub regulation (2) shall contain full particulars of 
the address for the service of documents concerning further proceedings 
under this Part, and shall be accompanied by an affidavit stating the— 
(a) full particulars of the identity of the person opposing the interim 
forfeiture order; 
(b) nature and extent of his interest in the property concerned; and 
Notice of 
Interim 
Forfeiture