Schedule 44 | Supplementary charge: reduction for certain new oil fields

Part 1Reduction of adjusted ring fence profits

(1)Repealed

Part 2Pool of field allowances

Company's pool of field allowances

(2)Repealed

Carrying part of pool of field allowances into following period

(3)Repealed

Carrying whole of pool of field allowances into following period

(4)Repealed

Part 3Field allowance: when held and unactivated amount

Initial licensee to hold a field allowance

(5)Repealed

Holding a field allowance on acquisition of equity share

(6)Repealed

Unactivated amount of a field allowance

(7)Repealed

Part 4No change in equity share: activation of allowance

Introduction

(8)Repealed

Activation of field allowance

(9)Repealed

Part 5Change in equity share: activation of allowance

Introduction

(10)Repealed

Reference periods

(11)Repealed

Activation of field allowance

(12)Repealed

Part 6Change in equity share: transfer of field allowance

Introduction

(13)Repealed

Reduction of field allowance if equity disposed of

(14)Repealed

Acquisition of field allowance if equity acquired

(15)Repealed

Part 7Miscellaneous

Adjustments

(16)Repealed

Orders

(17)Repealed

Part 8Interpretation

New oil fields

(18)Repealed

Authorising development

(19)Repealed

Qualifying oil fields

(20)Repealed

Small oil field

(21)Repealed

Ultra heavy oil field

(22)Repealed

Ultra high pressure/high temperature oil field

(23)Repealed

Total field allowance for new oil field

(24)Repealed

Other interpretation

(25)Repealed