Finance Act 2008 (c. 9)

SCHEDULES

SCHEDULE 33 U.K. PRT: elections for oil fields to become non-taxable

Part 2 U.K. Other amendments

FA 1980 U.K.

3 U.K. In Schedule 17 to FA 1980 (transfers of interests in oil fields), in paragraph 15 (terminal losses), after sub-paragraph (9) insert—

“(9A) This paragraph is subject to paragraph 5 of Schedule 20A to the Finance Act 1993.”