SCHEDULES

SCHEDULE 31Miscellaneous amendments relating to decommissioning

PART 1Abandonment guarantees and abandonment expenditure

Expenditure under abandonment guarantees

5

1

Part 3 of FA 1991 (oil taxation) is amended as follows.

2

Omit section 105 (restriction of expenditure relief by reference to payments under abandonment guarantees).

3

Omit section 106 (relief for reimbursement expenditure under abandonment guarantees).