PETROLEUM (PRODUCTION) ACT (NORTHERN IRELAND) 1964 - SECT 8 Awards of compensation by the Tribunal.

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PETROLEUM (PRODUCTION) ACT (NORTHERN IRELAND) 1964 - SECT 8

Awards of compensation by the Tribunal.

8.(1) Where claims for compensation are referred to the Tribunal under
section 7, the Tribunal shall adjudicate upon the said claims and embody their
findings in an award.

(2) Every award made by the Tribunal under subsection (1) of this section

(a)shall be conclusive evidence of all matters purported to be certified
therein;

(b)may, by leave of the High Court, be entered as a judgment in terms of the
award, and shall thereupon have the same force and effect as a judgment or
order of the court.

(3) In apportioning compensation for petroleum at a particular well,
the Tribunal may, as between two or more persons entitled to compensation,
have regard to the relative extent of the area of entitlement, within
the compensation area of that well, of each of them.

(4) For the purposes of subsection (3), the area of entitlement of a person
shall be taken to be the area directly over the minerals in which he or the
person through whom he claims had, immediately before the commencement of
this Act, an estate.

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Northern Irish Legislation

PETROLEUM (PRODUCTION) ACT (NORTHERN IRELAND) 1964 - SECT 8