# Finance Act 2015, Paragraph 6


(1) The amendment made by paragraph 3 has effect—
(a) in relation to projects authorised as mentioned in section 349A(1)(a) of CTA 2010 on or after 1 April 2015 in additionally-developed oil fields,
(b) in relation to new oil fields whose authorisation day is on or after 1 January 2016, and
(c) in the case of—
(i) projects authorised as mentioned in section 349A(1)(a) of CTA 2010 before 1 April 2015 in additionally-developed oil fields, or
(ii) new oil fields whose authorisation day is before 1 January 2016,
in relation to accounting periods ending on or after 1 April 2015.
(2) But sub-paragraph (1)(c) is subject to paragraphs 7 and 8 (which relate to field allowance under Chapter 7 of Part 8 of CTA 2010).

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Source: https://www.legislation.gov.uk/ukpga/2015/11/schedule/12/paragraph/6 (the official version)
Page: https://openlegislation.uk/finance-act-2015/schedule-12/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.