Schedule 3 Payments into decommissioning funds

United Kingdom

1. 1Payments into decommissioning fund treated as general decommissioning expenditure
2. 2Meaning of “relevant transferred plant or machinery”
3. 3Application of sections 164 and 165 of CAA 2001
4. 4Prevention of subsequent allowance where expenditure paid out of qualifying payment
5. 5Application of the Energy (Oil and Gas) Profits Levy Act 2022
6. 6Commencement