relevant licence definition

relevant licence means a production licence for petroleum in force under Part III of the Petroleum Act 1967 immediately before the commencement of this section.

relevant licence means a prospecting licence the term of which expires within 12 months after the day on which section 7 of the Mining Amendment Act 2004 comes into operation. (2) Despite sections 18, 23 and 27 but subject to the other provisions of this Act, the holder of a relevant licence has, while the licence continues in force, the right to apply for a prospecting licence in respect of the whole or any part of the land the subject of the relevant licence. (3) Where the holder of a relevant licence exercises the right conferred by subsection (2) and the term of the relevant licence would but for this subsection expire, the relevant licence shall continue in force in respect of the land the subject of the application for a prospecting licence until the application is determined. (4) If the holder of a relevant licence transfers the licence after making an application for a prospecting licence in the exercise of the right conferred by subsection (2), the application continues in the name of the transferee of the licence as if the transferee had made it. [Section 56B inserted by No. 39 of 2004 s. 7.]Division 2 — Exploration licence [56AA. Repealed by No. 52 of 1995 s. 25.] 56C. Graticular sections

relevant licence means a licence referred to in section 33 of the Forestry and National Park Estate Act

Examples of relevant licence in a sentence

• A Party may refer to a Regulatory Authority any proposed amendment to this System Operator Agreement that the other Party disputes if such dispute remains outstanding for more than 30 days after either Party serves a notice on the other that refers to the Relevant Licence Dispute Condition.

• Balance settlement DCC Energi is entitled to a subsequent adjustment of the invoice amount based on validated meter data from the Relevant Licence Holder received later.

• The Customer is specifically notified that DCC Energi’s supplies to the Customer may be reduced, interrupted or delayed due to the Relevant Licence Holder’s circumstances, see Rules for Gas Transport.

• To the extent that the Relevant Licence Holder in relation to DCC Energi may change the terms in Rules for Gas Transport, the Customer must tolerate the same changes that DCC Energi must tolerate.

• Annually Read Metering Sites DCC Energi generally invoices the Customer every three months for the anticipated, monthly amount calculated based on the Customer’s estimated annual consumption (calculated by the Relevant Licence Holder) and season/heat- ing profile.

More Definitions of relevant licence

relevant licence means a mobile carrier licence issued by the Authority under section 7 of the Ordinance for the establishment or maintenance of a Relevant Network for carrying communications to or from the public between moving locations, or between fixed locations and moving locations, within Hong Kong;

relevant licence means the Generation Licence, the Transmission Licence, the Distribution Licence, the Manweb Licence or the Supply Licence or, in any such case, and from time to time, any other licence or licences relating to the transmission, distribution or supply of electricity in the United Kingdom granted to the Issuer and/or any Relevant Subsidiary as contemplated pursuant to paragraph (A) of “Restructuring Event” below and “Relevant Licence” shall be construed accordingly;]

relevant licence means a prospecting licence the term of which expires within 12 months after the day on which section 7 of the Mining Amendment Act 2004 comes into operation.

relevant licence means a licence applicable to the area in which the vessel in question is being navigated, worked or moored,

relevant licence means a licence issued under the International Financial Services Commission (Licensing) Regulations for the conduct of business as trust agent and to provide trustee services or otherwise to act as registered agent for international foundations;

relevant licence means, from time to time, any licence(s) or other authorisation(s) granted to the Guarantor which means that the activity of natural gas distribution cannot be carried on by the Guarantor without such licence, exemption, permission or other authorisation;

relevant licence means a licence issued under the Registered Agent and Trustee Licensing Act;