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

Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

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Page | 62 
 
(c) reasons which the person intends to rely on in opposing the interim 
forfeiture order or applying for the exclusion of his interest from the 
operation of the interim forfeiture order. 
115. (1) Where an interim forfeiture order is in force and before the 
expiration of the stipulated time, the Authority may apply to the Court by 
way of motion of notice for a final forfeiture order against all or any part 
of the materials and equipment that is subject to the interim forfeiture 
order. 
 
(2) The Authority shall give 14 days’ notice of an application under sub 
regulation (1) to every person who, pursuant to the notice given under 
these Regulations, had shown interest in the materials and equipment 
sought to be forfeited. 
(3) A person who pursuant to the notice of interim forfeiture given under 
these Regulations may, subject to compliance with these Regulations, 
appear at the hearing of the application for a final forfeiture order to — 
(a) oppose the making of the order; or 
(b) apply for an order— 
(i) 
excluding his interest in the property from the operation of the 
order, or 
(ii) 
varying the operation of the order in respect of the property 
and may adduce evidence at the hearing of the 
application. 
(4) Where the Court grants the final forfeiture order, the materials and 
equipment referred to in sub regulation (1) shall be forfeited to the Federal 
Government of Nigeria and shall be disposed in accordance with the 
provisions of these Regulations. 
Final Forfeiture 
order 
116. 
(1) 
Within 90 days of the commencement of these Regulations, the 
Authority shall cause to be opened a Register of Confiscated Materials 
and Equipment wherein a record of all confiscated materials and 
equipment existing prior to the commencement of these Regulations 
shall be kept. 
 
(2) 
Upon opening the Register as in sub-regulation (1), any material or 
equipment confiscated by the Authority pursuant to its powers under the 
Act, shall be recorded in Register within 60 days of confiscation. 
 
(3) 
The following information shall be recorded in the Register in 
Register of 
confiscated 
materials and 
equipment