{
  "url": "https://openlegislation.uk/finance-act-2009/schedule-41/paragraph-3",
  "json_url": "https://openlegislation.uk/finance-act-2009/schedule-41/paragraph-3.json",
  "legislation": "ukpga/2009/10",
  "legislation_title": "Finance Act 2009",
  "legislation_url": "https://openlegislation.uk/finance-act-2009",
  "path": "schedule/41/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "(1) Paragraph 8 of Schedule 1 to OTA 1983 (allowable expenditure: use of new asset otherwise than in connection with taxable field) is amended as follows.\n(2) In sub-paragraph (1)(a) and (b), for “in connection with a taxable field” substitute “ for a qualifying purpose ”.\n(3) After sub-paragraph (2) insert—\n“(2A) In sub-paragraph (1) a reference to use for a qualifying purpose is a reference to—\n(a) use in connection with a taxable field, and\n(b) other use in—\n(i) the United Kingdom,\n(ii) the territorial sea of the United Kingdom, or\n(iii) a designated area,\nexcept use wholly or partly for an ineligible oil purpose.\n(2B) In this Act a reference to use of an asset for an ineligible oil purpose is a reference to—\n(a) use in connection with an oil field that is not a taxable field, and\n(b) use for any other purpose (apart from a purpose falling within section 3(1)(b) of the principal Act) of a separate trade consisting of activities falling within section 492(1) of the Income and Corporation Taxes Act 1988.\n(2C) In sub-paragraphs (2A) and (2B) a reference to use in connection with a taxable field or other oil field includes use giving rise to receipts which, for the purposes of this Act, are tariff receipts.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/10/schedule/41/paragraph/3",
    "retrieved_at": "2026-10-29T09:11:08.872832+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}