Part 15 Interpretation

1. Introductory
2. “UK oil licence”
3. “Licensed area” and “transferred oil field”
4. “Licence transfer date”
5. The seller's “reference accounting period”
6. The purchaser's “reference accounting period”
7. The seller's “pre-transfer accounting periods”
8. The purchaser's “pre-acquisition accounting periods” and “post-acquisition accounting periods”
9. Accounting periods before the purchaser comes within the charge to corporation tax
10. “Transferred profits amount” and “activated transferred profits amount”
11. “Trade loss relief provisions”