Paragraph 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” F1... shall be construed in accordance with F2paragraph (a) of sub-paragraph (1) of paragraph 2 below;

• “proposed delivery month” shall be construed in accordance with F3paragraph 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.

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Where an amount of oil is required to be delivered to the F6OGA pursuant to a notice served by F7it, 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.