Paragraph 13 I1

(1)

Section 347 (acquisition of field allowance if equity acquired) is amended as follows.

(2)

In subsection (1), for “the new oil field” substitute “ the eligible oil field ”.

(3)

In subsection (2)—

(a)

for “the new oil field” (in the first place it occurs) substitute “ the eligible oil field ”, and

(b)

for “the new oil field” (in the second place it occurs) substitute “ the field ”.

(4)

In subsection (4), for “the new oil field” substitute “ the field ”.

Annotations

I1: Sch. 22 para. 13 in force at 1.4.2013 for the purposes of the amendments made by that paragraph by S.I. 2013/744, art. 2