Library / Page 1 of 35 MIDSTREAM PETROLEUM HOST COMMUNITIES DEVELOPMENT TRUST REGULATIONS, 2024
Page 1 of 35 MIDSTREAM PETROLEUM HOST COMMUNITIES DEVELOPMENT TRUST REGULATIONS, 2024

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Page 30 of 35 
 
(2) Where a licensee adjusts its area of operations in a manner 
that increases or reduces the host communities earlier covered by 
the trust, area of operations shall be considered adjusted for the 
purpose of calculating the annual contribution to the Fund. 
 
(3) A licensee shall, in the event of the adjustment stated under 
sub-regulation (2) of this regulation, apply to the Authority for its 
approval of the following - 
(a) 
host communities that the licensee  
i. 
proposes to include in the trust; or  
ii. 
host communities that the licensee no longer 
considers its responsibility; 
(b) 
revised or new Board of Trustees; 
(c) 
revised constitution of the Host Communities 
Development Trust; 
(d) 
revised forecast of contributions pursuant to 
section 240(2) of the Act; 
(e) 
revised host communities development plan; 
and  
(f) 
amount in the reserve fund to be allocated to 
the host communities for which the operations of the 
licensee have ceased. 
(3) 
Surviving obligations of the licensee shall not include 
any matters related to the management and utilization of the 
reserve fund pursuant to these Regulations.  
(4) 
Where an amount in the reserve fund is remaining 
upon the cessation of activities by the licensee, the Board of 
Trustees shall continue to manage the funds and report to the 
Authority in the manner contemplated by the Act as if it were 
the licensee.  
(5) 
With respect to the host communities for which the 
operations of the licensee have ceased, pursuant to sub-
regulation (2) of this regulation, the board of trustees shall 
continue to manage the funds and report to the Authority in 
the manner contemplated by the Act as if it were the licensee. 
 
40 (1) Where a dispute arises between one or more host communities 
or between a host community and a licensee or in connection with a 
trust, the disputing parties shall follow the procedure set out in these 
Regulations to resolve the dispute. 
 
Grievance 
mechanism and 
conflict resolution 
procedure