SCHEDULES

SCHEDULE 22Reduction of supplementary charge for certain oil fields

Amendments of Chapter 7 of Part 8 of CTA 2010

I112

1

Section 346 (reduction of field allowance if equity disposed of) is amended as follows.

2

In subsection (1), for “the new oil field” (in the first place it occurs) substitute “ the eligible oil field ”.

3

In the definitions of “E1” and “E2”, for “the new oil field” substitute “ the field ”.