(1)Any rights exercisable by the United Kingdom outside territorial waters with respect to the sea bed and subsoil and their natural resources, except so far as they are exercisable in relation to coal, are hereby vested in Her Majesty.
F1(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F4(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6)The general duty of [F5the Secretary of State] of securing the effective and co-ordinated development of such resources in Great Britain as are mentioned in section 1(1) of the M1Ministry of Fuel and Power Act 1945 shall extend to any such resources outside Great Britain with respect to which the said rights are exercisable.
(7)Her Majesty may from time to time by Order in Council designate any area as an area within which the rights mentioned in subsection (1) of this section are exercisable, and any area so designated is in this Act referred to as a designated area [F6; and the power to make Orders under this subsection shall include power to [F7revoke, amend or re-enact Orders].]
(8)In this section “coal” has the same meaning as in the M2Coal Industry Nationalisation Act 1946 F8....
Textual Amendments
F1S. 1(2) repealed (31.10.1994) by 1994 c. 21, s. 67, Sch. 11 Pt. II (with ss. 40(7), 66); S.I. 1994/2553, art. 2
F2S. 1(3) repealed (15.2.1999) by 1998 c. 17, ss. 50, 51, Sch. 4 para. 2(2), Sch. 5 Pt. I (with Sch. 3 para. 5(1)); S.I. 1999/161, art. 2(1)
F3S. 1(4) repealed (E.W.S.) (30.11.1993) by Offshore Safety Act 1992 (c. 15), ss. 3(1)(a), 7(2), Sch. 2; S.I. 1993/2406, art. 2
F4S. 2(5) repealed by Petroleum Act 1987 (c. 12, SIF 86), ss. 20, 30, Sch. 3
F5Words substituted by virtue of S.I. 1969/1498, arts. 2(1), 5(6) and 1970/1537, arts. 2(2), 7(4).
F6Words inserted by Oil and Gas (Enterprise) Act 1982 (c. 23, SIF 86), s. 37, Sch. 3 para. 1
F7Words in s. 1(7) substituted (18.12.2011) by Energy Act 2011 (c. 16), ss. 103, 121(3)
F8Words in s. 1(8) repealed (15.2.1999) by 1998 c. 17, ss. 50, 51, Sch. 4 para. 2(2), Sch. 5 Pt. I (with Sch. 3 para. 5(1)); S.I. 1999/161, art. 2(1)
Marginal Citations