§ 16. Mr. Dalyell
asked the Minister of Power under what system he proposes to allocate rights of exploitation to oil companies prospecting in the North Sea.
§ Mr. Erroll
That might depend on how long the Committee stage takes. In more practical terms, whatever system is decided on will be put into regulations under the Petroleum (Production) Act, 1934. These will be laid before Parliament. I think that it would be wrong to table regulations while the Continental Shelf Bill is still going through its Committee stage.