Amendments of Chapter 7 of Part 8 of CTA 2010
This section has no associated Explanatory Notes
12(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”.