SCHEDULES
SCHEDULE 2Supplemental Provisions as to Receipts from Qualifying Assets
Apportionment of consideration in respect of use or disposal
3
In any case where—
a
consideration received or receivable by a participator in an oil field in respect of the use or disposal of a qualifying asset includes an element that is unquantified but which does not constitute a tariff receipt or disposal receipt of his, and
b
the consideration does not fall to be apportioned by virtue of section 6(4) or section 7(5) of this Act,
the portion of the consideration which constitutes a tariff receipt or disposal receipt of the participator shall be determined in such manner as is just and reasonable.