http://www.legislation.gov.uk/ukpga/1987/16/schedule/10/crossheading/blended-oilFinance Act 1987An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.1987-05-15texttext/xmlenStatute Law Database2024-06-03Expert Participation2024-02-22 SCHEDULESSCHEDULE 10 Nomination Scheme for Disposals and Appropriation Blended oil121If a person is a participator in two or more oil fields which, in relation to any blended oil, are or are included among the originating fields, then, in accordance with regulations made by the Board, he may make a nomination, having effect with respect to all the originating fields in which he is a participator, of a proposed sale ... of the blended oil; and the preceding provisions of this Schedule shall have effect in relation to such a nomination subject to such modifications as may be prescribed by regulations made by the Board.2 In sub-paragraph (1) above “ blended oil ” and “ the originating fields ” have the same meaning as in section 63 of this Act. Finance (No. 2) Act 1987 (c. 51, SIF 63:1), s. 101(1)(5) and Sch. 8 para. 6 for calendar months in chargeable periods beginning with March 1987See S.I. 1987 No. 1338 (in Part III) regn. 19See S.I. 1987 No. 1338 (in Part III) regn. 20For regulations supplementing and modifying Sch. 10 for certain cases see Part III (under “Petroleum Revenue Tax: nomination scheme for disposals and appropriations”)Words in Sch. 10 para. 12(1) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(12), Sch. 26 Pt. 5(2)
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SCHEDULE 10
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<Title> Blended oil</Title>
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<Addition ChangeId="d29p4645" CommentaryRef="c11288101">If a person is a participator in two or more oil fields which, in relation to any blended oil, are or are included among the originating fields, then, in accordance with regulations made by the Board, he may make a nomination, having effect with respect to all the originating fields in which he is a participator, of a proposed sale </Addition>
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...
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<Addition ChangeId="d29p4645" CommentaryRef="c11288101"> of the blended oil</Addition>
; and the preceding provisions of this Schedule shall have effect in relation to such a nomination subject to such modifications as may be prescribed by regulations made by the Board.
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<Para>
<Text>
<Citation URI="http://www.legislation.gov.uk/id/ukpga/1987/51" id="c00415" Year="1987" Class="UnitedKingdomPublicGeneralAct" Number="51" Title="Finance (No. 2) Act 1987">Finance (No. 2) Act 1987 (c. 51, SIF 63:1)</Citation>
,
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and Sch. 8 para. 6 for calendar months in chargeable periods beginning with March 1987
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<Para>
<Text>
See S.I.
<Citation URI="http://www.legislation.gov.uk/id/ukcm/1987/1338" id="c00417" Class="UnitedKingdomChurchMeasure" Year="1987" Number="1338">1987 No. 1338</Citation>
(in Part III) regn. 19
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<Para>
<Text>
See S.I.
<Citation URI="http://www.legislation.gov.uk/id/ukcm/1987/1338" id="c00418" Class="UnitedKingdomChurchMeasure" Year="1987" Number="1338">1987 No. 1338</Citation>
(in Part III) regn. 20
</Text>
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<Para>
<Text>For regulations supplementing and modifying Sch. 10 for certain cases see Part III (under “Petroleum Revenue Tax: nomination scheme for disposals and appropriations”)</Text>
</Para>
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<Para>
<Text>
Words in
<CitationSubRef id="c74h2x9n2-00007" SectionRef="schedule-10-paragraph-12-1" URI="http://www.legislation.gov.uk/id/ukpga/1987/16/schedule/10/paragraph/12/1">Sch. 10 para. 12(1)</CitationSubRef>
repealed (with effect in accordance with s. 150(14) of the amending Act) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2006/25" id="c74h2x9n2-00008" Class="UnitedKingdomPublicGeneralAct" Year="2006" Number="25" Title="Finance Act 2006">Finance Act 2006 (c. 25)</Citation>
,
<CitationSubRef id="c74h2x9n2-00009" CitationRef="c74h2x9n2-00008" SectionRef="section-150-12" URI="http://www.legislation.gov.uk/id/ukpga/2006/25/section/150/12">s. 150(12)</CitationSubRef>
,
<CitationSubRef id="c74h2x9n2-00010" CitationRef="c74h2x9n2-00008" SectionRef="schedule-26-part-5-2" URI="http://www.legislation.gov.uk/id/ukpga/2006/25/schedule/26/part/5/2" Operative="true">Sch. 26 Pt. 5(2)</CitationSubRef>
</Text>
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