SCHEDULES

SCHEDULE 15 Amendments relating to oil exported directly from off-shore fields

M1THE OIL TAXATION ACT 1975

Annotations:
Marginal Citations

3

In section 12(1) (definitions),—

a

in the definitions of “initial storage" and “initial treatment" the words “in the United Kingdom, the territorial sea thereof or a designated area" shall be omitted;

b

in the definition of “initial storage" after the words “United Kingdom", in the second place where they occur, there shall be inserted “ or another country ”;

c

in the definition of “land", after the words “United Kingdom" there shall be inserted “ or another country ”; and

d

in the definition of “production purposes" after the words “United Kingdom", in the last place where they occur, there shall be inserted “ or another country ”.