SCHEDULE 1Consequential Amendments and Supplemental Provisions – Primary Legislation
Finance Act 1980
95.
(1)
Paragraph 5 of Schedule 17 (transfers of interests in oil fields) is amended as follows.
(2)
In sub-paragraph (2)—
(a)
for “may by notice” substitute “may appeal by notice”; and
(b)
omit “appeal to the Special Commissioners”.
(3)
In sub-paragraph (3) for “appear and be heard on” substitute “be a party to”.
(4)
In sub-paragraph (4) after “abandoned” insert “before it is notified to the tribunal”.
(5)
After sub-paragraph (5) insert—
“(6)
The provisions of paragraphs 14A to 14I of Schedule 2 to the Oil Taxation Act 197563 shall apply to appeals under this paragraph subject to any necessary modifications.”.