# Finance Act 1987, Paragraph 1

Extent: E+W+S+N.I.

(1) In this Schedule—
“month” means calendar month;
“nominal volume” shall be construed in accordance with paragraph 7 below;
“nominated price” shall be construed in accordance with paragraph 6 below;
“nominated” means a nomination made in such manner as may be prescribed by regulations made by the Board;
“proposed sale” ... shall be construed in accordance with paragraph (a) of sub-paragraph (1) of paragraph 2 below;
“proposed delivery month” shall be construed in accordance with paragraph 12A below;
“proposed transaction” means one falling within paragraph 2(1) below;
“regulations made by the Board” means regulations under section 61(8) of this Act; and
“Treasury regulations” means regulations under 61(7) of this Act.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) Where an amount of oil is required to be delivered to the OGA pursuant to a notice served by it, any oil which is inadvertently delivered to him in excess of the amount required shall be treated for the purposes of sub-paragraph (2) above as delivered pursuant to the notice.

---
Source: https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/1 (the official version)
Page: https://openlegislation.uk/finance-act-1987/schedule-10/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.