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Oil and Pipelines Act 1985

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  1. Introductory Text

  2. 1. The Agency.

  3. 2. General functions of Agency.

  4. 3. Transfer to Agency of property etc. of Corporation.

  5. 4. Duty of Agency to dispose of surplus property etc.

  6. 5. Supplementary provisions with respect to Agency.

  7. 6. Interpretation.

  8. 7. Amendments, repeals and saving.

  9. 8. Short title, commencement and extent.

  10. SCHEDULES

    1. SCHEDULE 1

      The Agency

      1. Appointment and tenure of members

        1. 1.(1) The members of the Agency (including the chairman who...

      2. Remuneration etc. of members

        1. 2.(1) The Agency may pay to any member such sums,...

      3. Parliamentary etc. disqualification of members

        1. 3.In Part II of Schedule 1 to the House of...

      4. Staff

        1. 4.(1) The Agency may appoint a person (who may be...

      5. Proceedings

        1. 5.(1) The quorum of the Agency and the arrangements relating...

        2. 6.The validity of any proceedings of the Agency shall not...

      6. Authentication of seal

        1. 7.The application of the seal of the Agency shall be...

      7. Presumption of authenticity of documents

        1. 8.Any document purporting to be an instrument issued by the...

    2. SCHEDULE 2

      Provisions Supplementary to Section 3

      1. 1.Any agreement made, transaction effected or other thing done by,...

      2. 2.It is hereby declared for the avoidance of doubt that—...

      3. 3.(1) ) It shall be the duty of the Corporation...

      4. 4.(1) ) Notwithstanding the repeal of section 15 of the...

    3. SCHEDULE 3

      Financial and Other Provisions

      1. Borrowing and investment powers etc.

        1. 1.(1) Subject to the following provisions of this paragraph and...

        2. 2.(1) The aggregate of the amounts outstanding, otherwise than by...

      2. Loans by Secretary of State

        1. 3.(1) The Secretary of State may, with the approval of...

      3. Treasury guarantees

        1. 4.(1) The Treasury may guarantee, in such manner and on...

      4. Grants by Secretary of State

        1. 5.(1) The Secretary of State may, with the approval of...

      5. Payments to Secretary of State

        1. 6.(1) ) The Secretary of State may, with the approval...

      6. Provision of information for Secretary of State

        1. 7.(1) It shall be the duty of the Agency to...

      7. Annual reports

        1. 8.(1) ) It shall be the duty of the Agency...

      8. Accounts and audit

        1. 9.(1) It shall be the duty of the Agency—

      9. Meaning of “accounting year”

        1. 10.(1) In this Schedule “accounting year” means, subject to sub-paragraph...

    4. SCHEDULE 4

      Repeals

      1. Part I Repeals Coming into Force on Transfer Date

      2. Part II Repeals Coming into Force on Dissolution of Corporation

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