[165D Allowance where decommissioning undertaken for other participators in oil field]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[165D  Allowance where decommissioning undertaken for other participators in oil field]

[(1)     This section applies where—

(a)     S decommissions the plant or machinery,

(b)     there are, in addition to R, one or more other participators in the relevant field, and

(c)     the expenditure incurred in respect of the decommissioning is apportioned between the participators (including R) in accordance with their shares in the oil won from the relevant field or their shares in the equity of that field.

(2)     D is the part of the expenditure referred to in subsection (1)(c) which is incurred by R.

(3)     Where—

(a)

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