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Legislation
Finance Act 2013

Crossheading Decommissioning expenditure etc

  • Section 88 Decommissioning expenditure taken into account for PRT purposes
  • Section 89 Miscellaneous amendments relating to decommissioning
  1. Decommissioning expenditure etc
  2. Miscellaneous amendments relating to decommissioning

Section 89 | Miscellaneous amendments relating to decommissioning

From legislation.gov.uk

(1)Part 1 of Schedule 31 contains provision about expenditure on and under abandonment guarantees and abandonment expenditure.

(2)Part 2 of Schedule 31 contains provision about calculating the profits of a ring fence trade carried on by a person who incurs expenditure on meeting another person's decommissioning liabilities.

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