SCHEDULES

SCHEDULE 51Time limits for assessments, claims etc

Petroleum revenue tax

I126

In paragraph 1(3) of Schedule 7 (allowance of abortive exploration expenditure), in the Table, in the entry relating to paragraph 9 of Schedule 5, in the second column omit—

a

the words “In sub-paragraph (1C) omit paragraph (c)” and “omit sub-paragraph (2A)”, and

b

the words from “and in sub-paragraph (11)” to the end.