554(1)  A UK oil licence relates to an undeveloped area if–

(a)no consent for development has been granted to the licensee for any part of the licensed area by the relevant authority, and

(b)no programme of development has been served on the licensee or approved for any part of the licensed area by the relevant authority.

554(2)  A foreign oil concession relates to an undeveloped area if–

(a)no development has actually taken place in any part of the licensed area, and

(b)no condition for the carrying out of development anywhere in that area has been satisfied–

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