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Finance Act 2012

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This is the original version (as it was originally enacted).

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18(1)Part 8 of CTA 2010 (oil activities) is amended as follows.

(2)In section 270 (overview of Part)—

(a)in subsection (7), for “certain new oil fields” substitute “eligible oil fields”, and

(b)in subsection (8), for paragraph (c) substitute—

(c)eligible oil field”, see section 357.

(3)In section 330 (supplementary charge in respect of ring fence trades), in subsection (5), for “certain new oil fields” substitute “eligible oil fields”.

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