Part IV Oil Taxation
101 Pipe-line elections.
1
In subsection (1)(b) of section 233 of the M1Finance Act 1994 (relief for tariff receipts from participator in non-taxable field)—
a
for “a participator in a non-taxable field” there shall be substituted “
any person
”
, and
b
for “in connection with that non-taxable field” there shall be substituted “
otherwise than in connection with a taxable field
”
.
2
Subsection (1) above applies to sums received or receivable in any chargeable period ending on or after 31st December 1999.