Related Commentary  Related HMRC Manuals


The text of s. 4 printed below is the modified version enacted by OTA 1983, s. 1(2) which applies with respect to expenditure incurred after 30 June 1982 in acquiring, bringing into existence or enhancing the value of a mobile asset which is not dedicated to the oil field referred to in s. 4(1). (OTA 1983, s. 13 and Sch. 5, now spent, contained transitional provisions in respect of expenditure incurred during claim periods ending not later than 31 December 1983.)

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