SCHEDULES
F1SCHEDULE 19BPetroleum extraction activities: exploration expenditure supplement
Annotations:
Amendments (Textual)
Part 3Pre-commencement supplement
13The reference amount for a pre-commencement period
For the purposes of this Part of this Schedule, the reference amount for a pre-commencement period is the amount in the pool at the end of the period—
a
after the addition to the pool of any qualifying E&A expenditure allocated to the pool for that period in accordance with paragraph 10(3), but
b
before determining, and adding to the pool, the amount of any pre-commencement supplement claimed in respect of the period.
Sch. 19B inserted (22.7.2004) by Finance Act 2004 (c. 12), s. 286(3), Sch. 38