Finance Act 2012

This section has no associated Explanatory Notes

11(1)Section 345 (introduction to sections 346 and 347) is amended as follows.U.K.

(2)In subsection (2)—

(a)for “a new oil field” substitute “ an eligible oil field ”, and

(b)for “the new oil field” substitute “ the field ”.

(3)In subsections (3) and (4), for “the new oil field” substitute “ the field ”.

(4)In subsection (6), for “a new oil field” substitute “ an eligible oil field ”.

Commencement Information

I1Sch. 22 para. 11 in force at 1.4.2013 for the purposes of the amendments made by that paragraph by S.I. 2013/744, art. 2