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Midstream and Downstream Penalties and Enforcement Mechanisms Regulations, Statutory Instrument no. 14 of 2023.

Country
Type of law
Regulation
Source

Abstract
These Regulations, made under sections 33 (i) and 231 of the Petroleum Industry Act, No. 6 of 2021, aim at: providing a framework for the application and administration of penalties in the midstream and downstream petroleum operations, with proper instruments and notices for enforcement of penalties. According to the Regulations, penalties may concern: a misconduct in the operations related to the protection of environment, the safety of human lives and property, the sustainability of the operations; a failure in the operations in accordance with the terms of a licence, permit or authorisation concerning: financial impropriety, unfair market practices, unlicensed services, other unlawful practices. Matters covered by the Regulations concern: management notices issued by the Authority, including: incidence of non-conformity, notice of non-compliance; pre-sanctions procedure; administration of sanctions; revocation of licences and permits.
Date of text
Repealed
No
Serial Imprint
Federal Republic of Nigeria Official Gazette no. 55 of 2023.
Source language

English

Legislation Amendment
No
Implements