53 Cooperation of storage licensing authority with economic regulator

Chapter 6
Miscellaneous and General

53  Cooperation of storage licensing authority with economic regulator

(1)     In Chapter 3 of Part 1 of the Energy Act 2008 (storage of carbon dioxide), after section 34 insert—

“34A Cooperation with economic regulator

(1)     This section applies where a licence holder also holds a relevant licence.

(2)     The licensing authority who granted the licence to the licence holder must provide such assistance as the economic regulator may reasonably require in carrying out its functions in relation to the relevant licence.

(3)     The licensing authority must, in particular, inform the economic regulator if it becomes aware of—

(a)     circumstances that have arisen,

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