SCHEDULES

SCHEDULE 8Reliefs for Exploration and Appraisal Expenditure etc.

PART IIIReceipts to be Set Against Allowable Expenditure

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1

A return made by a participator for a chargeable period under paragraph 2 of Schedule 2 to the principal Act shall give details of any qualifying receipt (whether received by him or by a person connected with him) of which details have not been given in a return made by him for an earlier chargeable period.

2

Section 533 of the Taxes Act (connected persons) applies for the purposes of this paragraph.