SCHEDULES
SCHEDULE 31Miscellaneous amendments relating to decommissioning
PART 1Abandonment guarantees and abandonment expenditure
Consequential amendments
11
1
Section 104 of FA 1991 is amended as follows.
2
In subsection (1), omit “and sections 105 and 106 below”.
3
In subsection (2), omit “and section 106 (but not section 105) below”.
12
In FA 2008, omit section 105.
13
In Part 2 of ITTOIA 2005, Chapter 16A is amended as follows.
14
1
Section 225N is amended as follows.
2
Omit subsection (5).
3
In subsection (6), in the definition of “abandonment guarantee”—
a
for “section 105 of FA 1991” substitute “
section 3 of OTA 1975
”
, and
b
for “that Act” substitute “
FA 1991
”
.
4
The heading of that section becomes “
Expenditure on abandonment guarantees
”
.
15
Omit sections 225P and 225Q.
16
In section 225R (introduction to sections 225S and 225T)—
a
in subsection (1), for “Sections 225S and 225T apply” substitute “
Section 225S applies
”
;
b
the heading of section 225R becomes “
Introduction to section 225S
”
.
17
In Part 8 of CTA 2010, Chapter 4 is amended as follows.
18
1
Section 292 is amended as follows.
2
Omit subsection (5).
3
In subsection (6), in the definition of “abandonment guarantee”—
a
for “section 105 of FA 1991” substitute “
section 3 of OTA 1975
”
, and
b
for “that Act” substitute “
FA 1991
”
.
4
The heading of that section becomes “
Expenditure on abandonment guarantees
”
.
19
Omit sections 294 and 295.
20
In section 296 (introduction to sections 297 and 298)—
a
in subsection (1), for “Sections 297 and 298 apply” substitute “
Section 297 applies
”
;
b
the heading of section 296 becomes “
Introduction to section 297
”
.