Library / PETROLEUM INDUSTRY ACT, NO. 6, 2021 MIDSTREAM AND DOWNSTREAM PETROLEUM PREVENTION OF ANTICOMPETITIVE PRACTICES AND BEHAVIOUR REGULATIONS, 2026 ARRANGEMENT OF REGULATIONS
PETROLEUM INDUSTRY ACT, NO. 6, 2021 MIDSTREAM AND DOWNSTREAM PETROLEUM PREVENTION OF ANTICOMPETITIVE PRACTICES AND BEHAVIOUR REGULATIONS, 2026 ARRANGEMENT OF REGULATIONS
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107 Requirement Description Compliance Status (Tick Box) Availability of Staff Applicant has made officers, employees, and agents available for interviews and testimony as requested by the Authority. ☐ Complied ☐ Not Complied Continuous Disclosure Applicant has provided additional documents or information discovered after the initial application. ☐ Complied ☐ Not Complied Confidentiality Applicant has maintained confidentiality of the leniency application and has not disclosed its existence without prior consent of the Authority. ☐ Complied ☐ Not Complied Compliance Measures Applicant has implemented or strengthened internal compliance programmes to prevent recurrence. ☐ Complied ☐ Not Complied No Obstruction Applicant has not obstructed or interfered with the Authority’s investigation. ☐ Complied ☐ Not Complied 4. Procedural Cooperation Requirement Description Compliance Status (Tick Box) Timely Responses Applicant has responded to all Authority requests within prescribed deadlines. ☐ Complied ☐ Not Complied Marker Preservation Applicant has confirmed priority marker status (if first applicant) by submitting required materials within stipulated timelines. ☐ Complied ☐ Not Complied Settlement Integration (if applicable) Applicant has complied with obligations under the Settlement Procedure Guideline if applying for combined leniency and settlement. ☐ Complied ☐ Not Complied 5. Final Stage Obligations Requirement Description Compliance Status (Tick Box) Final Verification Applicant has signed a verification statement confirming the completeness and truthfulness of its disclosures before issuance of the Authority’s final decision. ☐ Complied ☐ Not Complied Implementation of Remedies Applicant has complied with remedial, structural, or behavioural commitments imposed by the Authority. ☐ Complied ☐ Not Complied 6. Declaration The applicant acknowledges that failure to comply with any of the above obligations may result in: (a) Reduction of fine reduction benefits; (b) Revocation of leniency status; and (c) Exposure to full penalties under the Petroleum Industry Act, 2021, the FCCPA, and applicable Regulations. Schedule 4(D): Confidentiality and Disclosure Protocol Confidentiality and Disclosure Protocol for Leniency Applications (Issued pursuant to the Leniency Policy for the Midstream and Downstream Petroleum Industry Competition Regulations, 2025)
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