147 Removal of time limits for claims for unrelievable field losses.U.K.
(1)In Schedule 8 to the M1Oil Taxation Act 1975 (procedural provisions as to allowance of unrelievable field losses), in paragraph 4 (claims)—
(a)in sub-paragraph (1) (which requires a participator to make a claim to the Board within a time limit), for the words from “and must be made” to “that is to say” there shall be substituted “ at any time after ” and the words from “and the date” to the end of the sub-paragraph shall be omitted; and
(b)in sub-paragraph (2) the words “within the time allowed for making the original claim” shall be omitted.
(2)This section applies to claims made on or after the day on which this Act is passed.
Marginal Citations