Related Commentary  

66(1)  For the purposes of this section–

(a)the final allocation period” , in relation to an oil field, means the chargeable period of that field in which section 8(6)(b) of the principal Act applies (the earliest chargeable period in which oil allowance is subject to “the necessary restriction” in order to confine it within the overall maximum); and

(b)the penultimate period” , in relation to an oil field, means the chargeable period of that field which immediately precedes the final allocation period;

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