2(1)Section 6 of OTA 1983 (amounts which are not chargeable tariff receipts) is amended as follows.U.K.
(2)In subsection (4)—
(a)in paragraph (b), insert at the end “or”, and
(b)after that paragraph insert—
“(c)is referable to other use of an asset, except use wholly or partly for an oil purpose,”.
(3)After that subsection insert—
“(4A)In this section the reference to use of an asset for an oil purpose is a reference to—
(a)use in connection with an oil field, and
(b)use for any other purpose (apart from a purpose falling within section 3(1)(b) of the principal Act) of a separate trade consisting of activities falling within section 492(1) of the Income and Corporation Taxes Act 1988.
(4B)In subsection (4A) the reference to use in connection with an oil field includes use giving rise to receipts which, for the purposes of this Act, are tariff receipts.”