Finance Act 2006 (c. 25)

SCHEDULES

SCHEDULE 18 U.K. Oil taxation: market value of oil

Part 2 U.K. Amendments of other enactments

Finance (No. 2) Act 1987 U.K.

The designated fraction for the month U.K.

11 (1) Schedule 8 to F(No.2)A 1987 (amendments of Schedule 10 to FA 1987) is amended as follows. U.K.

(2) Omit paragraph 5 (which contains amendments making provision for certain amounts to be multiplied by a fraction greater than unity, and has not been brought into force).

(3) The amendment made by this paragraph has effect for chargeable periods beginning on or after 1st July 2006.