2.Subsection (1) provides that this section applies where a company that has rights under a decommissioning relief agreement incurs decommissioning expenditure as a consequence of another company’s default on a decommissioning liability with the result that section 83 applies to reduce the profits of that company or any other company
3.Subsection (2) provides that the reduction in profits by virtue of section 83 does not have any effect for the operation of oil allowance under section 8(1) of OTA 1975.
4.Subsection (3) provides definitions for “abandonment programme”, “company”, “decommissioning expenditure”, “decommissioning relief agreement”, “oil field” and “relevant agreement”.