PETROLEUM INDUSTRY ACT, 2021

Section 118: Suspension and Amendment of Conditions in a Licence or Permit.

2021Section 118 of 320Federal Republic of Nigeria

1 The Authority may suspend or amend the conditions applicable to a licence or permit or include additional conditions subject to subsection (2).

2 The Authority shall not suspend or amend any condition applicable to a licence or permit or include additional conditions to a licence or permit unless it gives the holder—
a a written notice of its intention and a draft copy of the proposed suspension or amendment; and
b an opportunity to make a written submission to the Authority within the time specified by regulation.

3 The procedure for the suspension or amendment of a condition in a licence or permit shall be as prescribed by the Authority in a regulation under this Act.

4 A holder of a licence or permit who is dissatisfied with the decision of the Authority to suspend or amend a condition in a licence or permit may apply to the Federal High Court against the decision.

Cite this section

Section 118, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/118/