Part 8Oil activities
Chapter 7Reduction of supplementary charge for certain new oil fields
Pool of field allowances
336Carrying whole of pool of field allowances into following period
(1)
This section applies if a company—
(a)
has a pool of field allowances for an accounting period, but
(b)
has no adjusted ring fence profits for the accounting period.
(2)
The whole of the company's pool of field allowances for the accounting period is to be carried into the following accounting period.