An Act to confer on holders of certain petroleum licences an exemption from royalties (including royalties in kind) in respect of petroleum from certain onshore and offshore fields and to confer power to amend the Continental Shelf (Designation of Additional Areas) Order 1974 to give effect to an Agreement made between Her Majesty’s Government in the United Kingdom and the Government of the Republic of Ireland relating to their respective rights in relation to the continental shelf.
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