556 Minor definitions
Capital Allowances Act 2001 (2001 c 2) | Legislation

Minor definitions

556  Minor definitions

(1)     In this Chapter “licensed area” means (subject to section 553(4) and (5))—

(a)     in relation to a UK oil licence, the area to which the licence applies, and

(b)     in relation to a foreign oil concession, the area in relation to which the right to search for or win

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