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Finance Act 2019
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- UK Public General Acts
- 2019 c. 1
- SCHEDULE 15
- PART 6
- Paragraph 38
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“Total activated TTH amount”
38The “total activated TTH amount” held by the purchaser for a loss period which is the first activation period is the lower of—
(a)the amount by which, at the end of that period, the total decommissioning expenditure amount exceeds the total net profits amount (see paragraph 30), and
(b)the total TTH amount.
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