Corporation Tax Act 2010
15.—(1) The Corporation Tax Act 2010(1) is amended as follows.
(2) In section 278 (general definitions for Part 8), at the appropriate place insert—
““the OGA” means the Oil and Gas Authority,”.
(3) In section 332DA(5)(2) (restriction where field qualified for field allowances as new field), for “Secretary of State” substitute “OGA”.
(4) In section 332DB(5) (restriction where project in additionally-developed field qualified for field allowance), for “Secretary of State” substitute “OGA”.
(5) In section 356IB(2)(3) (authorisation of development: oil fields), in paragraph (a) of the definition of “national authority”, for “Secretary of State” substitute “OGA”.
(6) In section 356J(4)(4), (authorisation of development: drilling and extraction sites), in paragraph (a) of the definition of “national authority”, for “Secretary of State” substitute “OGA”.
(7) In section 356JD(5) (meaning of “cluster area”), for “Secretary of State” (in each place) substitute “OGA”.
(8) In Schedule 4 (index of defined expressions), at the appropriate place, insert—
| “the OGA (in Part 8) | section 278” |
Sections 332DA and 332DB were inserted by the Finance Act 2015 (c. 11), Schedule 12, paragraphs 1 and 2.
Section 356IB was inserted by the Finance Act 2015, Schedule 14, paragraphs 1 and 7.
Section 356J was inserted by the Finance Act 2014 (c. 26), Schedule 15, paragraphs 1 and 3.
Section 356JD was inserted by the Finance Act 2015, Schedule 13, paragraphs 1 and 2.