SCHEDULES
SCHEDULE 31Miscellaneous amendments relating to decommissioning
PART 1Abandonment guarantees and abandonment expenditure
Expenditure under abandonment guarantees
4
In Schedule 5 to OTA 1975 (allowance of expenditure), in paragraph 2C(2), in the definition of “sum in default”, for the words from “less the aggregate of” to the end substitute “
less so much of that payment as has been made by the defaulter
”
.