Paragraph 7
(1)
In relation to a foreign field, every half year beginning on or after 1st July 1982 shall be taken to be a chargeable period.
(2)
In this paragraph “half year” has the same meaning as in section 1 of the principal Act.
(3)
Any reference in this Schedule to the chargeable period to which any chargeable receipts of a participator in a foreign field are attributable is,—
(a)
in the case of chargeable receipts falling within paragraph (c) of subsection (1) of the principal section, a reference to the chargeable period in which the disposal referred to in that paragraph occurs; and
(b)
in any other case, a reference to the chargeable period in which the receipts are received or receivable by him.