SCHEDULES
SCHEDULE 51Time limits for assessments, claims etc
Petroleum revenue tax
I123
1
Paragraph 2 of Schedule 5 (allowance of expenditure other than abortive exploration expenditure: claim period) is amended as follows.
2
In sub-paragraph (1), for “six years” substitute “
4 years
”
.
3
In sub-paragraph (7)—
a
in paragraph (c), for “four years” substitute “
2 years
”
, and
b
in the words after that paragraph, for “six years” substitute “
4 years
”
.