# Finance Act 2006, Paragraph 8


(1) In Schedule 3 (petroleum revenue tax: miscellaneous provisions) paragraph 2A (market value of oil that consists of or includes gas) is amended as follows.
(2) In sub-paragraph (1)—
(a) for “(2D)” substitute “ (2I) ”;
(b) omit “, or in accordance with those sub-paragraphs as modified by sub-paragraph (3) of that paragraph,”.
(3) In sub-paragraph (2)—
(a) for the words from the beginning to “paragraph 2 above” where first occurring substitute “ Sub-paragraph (2)(d) or (as the case may be) (2AA)(d) of paragraph 2 above ”;
(b) after “in sub-paragraph (2)” insert “ or (2AA) ”.
(4) In sub-paragraph (3)—
(a) after “in sub-paragraph (2)” insert “ or (2AA) ”,
(b) for “(2D)” substitute “ (2I) ”;
(c) omit “(with sub-paragraphs (2)(f) of paragraph 2 applying accordingly)”.

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Source: https://www.legislation.gov.uk/ukpga/2006/25/schedule/18/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-2006/schedule-18/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.