Finance Act 2013 (c. 29)

SCHEDULES

SCHEDULE 31 U.K. Miscellaneous amendments relating to decommissioning

PART 1 U.K. Abandonment guarantees and abandonment expenditure

Expenditure under abandonment guarantees U.K.

5 (1) Part 3 of FA 1991 (oil taxation) is amended as follows. U.K.

(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).