Part 6 Oil Activities

Part 6 Oil Activities

Finance Act 1980 (c 48)

175

FA 1980 is amended as follows.

176

In section 107(7) (transmedian fields) for “Chapter V of Part XII of the Taxes Act 1988†substitute “Chapter 16A of Part 2 of the Income Tax (Trading and Other Income) Act 2005â€.

Finance Act 1982 (c 39)

177

FA 1982 is amended as follows.

178

In section 134(1) (alternative valuation of ethane used for petrochemical purposes) for “Chapter V of Part XII of the Taxes Act 1988†substitute “Chapter 16A of Part 2 of the Income Tax (Trading and Other Income) Act 2005â€.

179

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