Paragraph 9
Schedule 4 (index of defined expressions) is amended as follows.
Omit the entries for—
“additionally-developed oil field (in Chapter 7 of Part 8)”,
“adjusted ring fence profits (in Chapter 7 of Part 8)”,
“adjusted ring fence profits (in Chapter 8 of Part 8)”,
“authorisation day (in Chapter 7 of Part 8)”,
“authorisation of development of an oil field (in Chapter 7 of Part 8)”,
“eligible oil field (in Chapter 7 of Part 8)”,
“licensee (in Chapter 7 of Part 8)”,
“new oil field (in Chapter 7 of Part 8)”,
“qualifying oil field (in Chapter 7 of Part 8)”,
“relevant income (in Chapter 7 of Part 8)”,
“small oil field (in Chapter 7 of Part 8)”,
“total field allowance for a new oil field (in Chapter 7 of Part 8)”,
“total field allowance for an additionally-developed oil field”,
“ultra heavy oil field (in Chapter 7 of Part 8)”, and
“ultra high pressure/high temperature oil field (in Chapter 7 of Part 8)”.
At the appropriate places insert—
“
adjusted ring fence profits (in Chapters 6A, 8 and 9 of Part 8) section 330ZA”; ”;
“
cluster area (in Part 8) section 356JD ”;
“
cluster area allowance (in Chapter 9 of Part 8) section 356JF(2) ”;
“
cumulative total amount of activated allowance (in Chapter 6A of Part 8) section 332E(2) ”;
“
cumulative total amount of activated allowance (in Chapter 9 of Part 8) section 356JG(2) ”;
“
investment allowance (in Chapter 6A of Part 8) section 332C(2) ”;
“
investment expenditure (in Chapter 6A of Part 8) section 332BA ”;
“
investment expenditure (in Chapter 9 of Part 8) section 356JE ”;
“
licence (in Chapter 6A of Part 8) section 332KA ”;
“
licence (in Chapter 9 of Part 8) section 356JNB ”;
“
licensed area (in Chapter 9 of Part 8) section 356JNB ”;
“
licensed sub-area (in Chapter 9 of Part 8) section 356JNA ”;
“
licensee (in Chapter 6A of Part 8) section 332KA ”;
“
licensee (in Chapter 9 of Part 8) section 356JNB ”;
“
qualifying oil field (in Chapter 6A of Part 8) section 332B ”;
“
reference period (in Chapter 6A of Part 8) section 332G ”;
“
reference period (in Chapter 9 of Part 8) section 356JI ”;
“
relevant income (in Chapter 6A of Part 8) section 332F(3) ”;
“
relevant income (in Chapter 9 of Part 8) section 356JH(3) ”.