[F13(1)For the purposes of subsection (5) of section 2 of this Act, the aggregate market value of any oil falling within paragraph (b) or (c) of that subsection is arrived at as follows.U.K.
(2)In the case of oil falling within paragraph (b) of that subsection and delivered as there mentioned in the chargeable period in question—
(a)for each delivery, find (in accordance with paragraph 2 above (read, where applicable, with paragraph 2A above)) the market value of the quantity of oil delivered, and
(b)aggregate the market values so found.
(3)In the case of oil falling within paragraph (c) of that subsection and appropriated as there mentioned in the chargeable period in question—
(a)for each appropriation, find (in accordance with paragraph 2 above (read, where applicable, with paragraph 2A above)) the market value of the quantity of oil appropriated, and
(b)aggregate the market values so found.]
Textual Amendments
F1Sch. 3 para. 3 substituted (with effect in accordance with s. 147(1)(2) of the amending Act) by Finance Act 2006 (c. 25), Sch. 18 para. 9