Part 8Oil activities

Chapter 5Ring fence expenditure supplement

Post-commencement supplement

322Amount of post-commencement supplement for a post-commencement period

1

The amount of the post-commencement supplement for any post-commencement period in respect of which a claim under section 321 is made is the relevant percentage for that period of the reference amount for that period.

2

If the post-commencement period is a period of less than 12 months, the amount of the supplement for the period (apart from this subsection) is to be reduced proportionally.

3

Sections 325 to 329 have effect for the purpose of determining the reference amount for a post-commencement period.