Finance Act 1993 (c. 34)

SCHEDULES

[F1 [F2 SCHEDULE 20B] U.K. PRT: elections for oil fields to become non-taxable

Textual Amendments

F1 Sch. 20A inserted (21.7.2008) by Finance Act 2008 (c. 9), s. 107(6), Sch. 33 para. 1

F2 Sch. 20B: Sch. 20A renumbered as Sch. 20B (21.7.2009) by Finance Act 2009 (c. 10), Sch. 45 para. 3(1)

[F3 Method of election U.K.

Textual Amendments

F3 Sch. 20B paras. 2-7 and cross-headings substituted for Sch. 20B paras. 2-12 (retrospective to 23.11.2016) by Finance (No. 2) Act 2017 (c. 32), s. 44(1)(4)

2 U.K. An election must be made in writing.

3 U.K. An election must be notified to the Commissioners.

4 U.K. An election is deemed to have been made on the date on which notification of the election was sent to the Commissioners.]]