8(1)In Schedule 3 (petroleum revenue tax: miscellaneous provisions) paragraph 2A (market value of oil that consists of or includes gas) is amended as follows.U.K.
(2)In sub-paragraph (1)—
(a)for “(2D)” substitute “ (2I) ”;
(b)omit “, or in accordance with those sub-paragraphs as modified by sub-paragraph (3) of that paragraph,”.
(3)In sub-paragraph (2)—
(a)for the words from the beginning to “paragraph 2 above” where first occurring substitute “ Sub-paragraph (2)(d) or (as the case may be) (2AA)(d) of paragraph 2 above ”;
(b)after “in sub-paragraph (2)” insert “ or (2AA) ”.
(4)In sub-paragraph (3)—
(a)after “in sub-paragraph (2)” insert “ or (2AA) ”,
(b)for “(2D)” substitute “ (2I) ”;
(c)omit “(with sub-paragraphs (2)(f) of paragraph 2 applying accordingly)”.