# Finance Act 1987, Paragraph 1


(1) In this Schedule—
“HMRC” means Her Majesty's Revenue and Customs;
“method of allocation” means a method for making an allocation of blended oil for the purposes of section 63 that has been selected by the participators in the originating fields (including such a method that has been amended in accordance with this Schedule).
(2) In this Schedule a reference to a suitable method of allocation is a reference to a method which secures that allocation of blended oil is just and reasonable (for the purposes of the oil taxation legislation).

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Source: https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/1 (the official version)
Page: https://openlegislation.uk/finance-act-1987/schedule-12/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.