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The Qualifying Oil Fields Order 2012

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Explanatory Memorandum
Explanatory Memorandum
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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Amendments to Chapter 7 of Part 8 of CTA 2010

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4. In section 353(1) (“small oil field”), for “3,500,000 tonnes” substitute “7,000,000 tonnes”.

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