3

1

For the purposes of subsection (5) of section 2 of this Act, the aggregate market value of any oil falling within paragraph (b) or (c) of that subsection is arrived at as follows.

2

In the case of oil falling within paragraph (b) of that subsection and delivered as there mentioned in the chargeable period in question—

a

for each delivery, find (in accordance with paragraph 2 above (read, where applicable, with paragraph 2A above)) the market value of the quantity of oil delivered, and

b

aggregate the market values so found.

3

In the case of oil falling within paragraph (c) of that subsection and appropriated as there mentioned in the chargeable period in question—

a

for each appropriation, find (in accordance with paragraph 2 above (read, where applicable, with paragraph 2A above)) the market value of the quantity of oil appropriated, and

b

aggregate the market values so found.