SCHEDULES
SCHEDULE 11 Market Value of Oil
Part I Amendments of Paragraphs 2, 2a and 3 of Schedule 3 to Principal Act
1
1
Paragraph 2 of Schedule 3 (definition of market value of oil) shall be amended in accordance with this paragraph.
C12
For sub-paragraph (1) there shall be substituted—
1
The market value of any oil in any calendar month shall be determined for the purposes of this Part of this Act in accordance with this paragraph.
F2C13
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F24
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2C15
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2C16
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F27
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2
In paragraph 2A of that Schedule (modifications in the case of oil consisting of gas)—
a
in sub-paragraphs (1) and (3) for “(1) and (2)” there shall be substituted “
(1) to (2D)
”
;
b
in sub-paragraph (2) for “(2)(a)” in each place where it occurs, there shall be substituted “
(2)(d)
”
; and
c
in sub-paragraph (3) for “(2)(b)” there shall be substituted “
(2)(e)
”
.
F13
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