Corporation Tax Act 2010 (c. 4)

Part 8 U.K. Oil activities

Chapter 7 U.K. Reduction of supplementary charge for certain new oil fields

Interpretation U.K.

350 “New oil field” U.K.

In this Chapter “new oil field” means an oil field—

(a) which is a qualifying oil field, and

(b) whose development is authorised at any time on or after 22 April 2009.