SCHEDULES

SCHEDULE 31U.K.Miscellaneous amendments relating to decommissioning

PART 1U.K.Abandonment guarantees and abandonment expenditure

Expenditure under abandonment guaranteesU.K.

4U.K.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 ”.