# Finance Act 2012, Paragraph 12


(1) Section 346 (reduction of field allowance if equity disposed of) is amended as follows.
(2) In subsection (1), for “the new oil field” (in the first place it occurs) substitute “ the eligible oil field ”.
(3) In the definitions of “E1” and “E2”, for “the new oil field” substitute “ the field ”.

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Source: https://www.legislation.gov.uk/ukpga/2012/14/schedule/22/paragraph/12 (the official version)
Page: https://openlegislation.uk/finance-act-2012/schedule-22/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.