{
  "url": "https://openlegislation.uk/finance-no-2-act-1987/schedule-8/paragraph-4",
  "json_url": "https://openlegislation.uk/finance-no-2-act-1987/schedule-8/paragraph-4.json",
  "legislation": "ukpga/1987/51",
  "legislation_title": "Finance (No. 2) Act 1987",
  "legislation_url": "https://openlegislation.uk/finance-no-2-act-1987",
  "path": "schedule/8/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "In paragraph 9 (effective volume for nominated transactions) for sub-paragraph (4) there shall be substituted the following sub-paragraphs—\n“(4) In relation to a proposed supply or proposed appropriation where the nominal volume is expressed as mentioned in paragraph 7(5) above and oil is in fact supplied or, as the case may be, relevantly appropriated as proposed in the nomination, the effective volume is whichever is the greater of—\n(a) the minimum nominal volume; and\n(b) so much of the total volume of oil supplied or relevantly appropriated as does not exceed the maximum nominal volume.\n(5) In relation to a proposed supply or proposed appropriation which does not fall within sub-paragraph (4) above, the effective volume is the nominal volume.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1987/51/schedule/8/paragraph/4",
    "retrieved_at": "2026-10-29T09:51:21.965066+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}