SCHEDULES

SCHEDULE 3 Petroleum Revenue Tax: Miscellaneous Provisions

F1Power to make regulations under this Schedule

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(1)

Any power to make regulations under this Schedule is exercisable by statutory instrument.

(2)

A statutory instrument containing regulations under this Schedule may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, the House of Commons.

(3)

Any power to make regulations under this Schedule includes power—

(a)

to make different provision for different Categories or kinds of oil or for different cases, or

(b)

to make incidental, consequential, supplemental, or transitional provision or savings.