SCHEDULES
SCHEDULE 34Oil decommissioning expenditure: consequential amendments
CAA 2001
5
1
Section 164 (abandonment expenditure incurred before cessation of ring fence trade) is amended as follows.
2
In the heading, for “abandonment expenditure” substitute “
general decommissioning expenditure
”
.
3
In subsections (1), (2)(a), (3)(a), (4)(a) and (5), for “abandonment expenditure” substitute “
general decommissioning expenditure
”
.