Paragraph 9

(1)

In section 113 of the M1Finance Act 1984 (restriction on PRT reliefs), in subsection (1)—

(a)

the words “abortive exploration expenditure or exploration and appraisal” shall be omitted; and

(b)

after the words “section 5A” there shall be inserted “ or section 5B ”.

(2)

In subsection (6) of that section—

(a)

after the words “section 5A” there shall be inserted “ or section 5B ”; and

(b)

for the words “paragraph 16 or paragraph 16A” there shall be substituted “ paragraphs 16 to 16B ”.

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