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2(1)Section 2 is amended as follows.
(2)In subsection (4)(b) (one-half of the market value in the last calendar month of the preceding period) for “in the last calendar month” substitute “on the last business day”.
(3)In subsection (5)(d) (one-half of the market value in the last calendar month of the period) for “in the last calendar month” substitute “on the last business day”.
(4)In subsection (5A), in the opening words, after “or another country” insert “, or from its place of extraction (where that is in the territorial sea of the United Kingdom or a designated area),”.
(5)In subsection (9)(a)(i) (5% provisional allowance: deliveries)—
(a)for “in the calendar month in which the delivery was made” substitute “as determined in accordance with Schedule 3 to this Act for each of the deliveries”;
(b)for “Schedule 3 to this Act” substitute “that Schedule”.
(6)In subsection (9)(a)(ii) (5% provisional allowance: relevant appropriations)—
(a)for “in the calendar month in which the appropriation was made” substitute “as determined in accordance with Schedule 3 to this Act for each of the appropriations”;
(b)for “Schedule 3 to this Act” substitute “that Schedule”.
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