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Legislation
Finance Act 2015

Crossheading Oil and gas

  • Section 47 Extension of ring fence expenditure supplement
  • Section 48 Reduction in rate of supplementary charge
  • Section 49 Supplementary charge: investment allowance
  • Section 50 Supplementary charge: cluster area allowance
  • Section 51 Amendments relating to investment allowance and cluster area allowance
  1. Oil and gas
  2. Supplementary charge: investment allowance

Section 49 | Supplementary charge: investment allowance

From legislation.gov.uk

Schedule 12 contains provision about the reduction of adjusted ring fence profits by means of an investment allowance.

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