149 Nomination scheme
Finance Act 2006 (2006 c 25) | Legislation

Nomination scheme

149  Nomination scheme

(1)     Section 61 of FA 1987 (oil taxation: nominations) shall be amended as follows.

(2)     In subsection (1) omit “, supplies and appropriations”.

(3)     For subsections (3) and (4) substitute—

“(3)     If the market value of a relevant delivery ascertained in accordance with Schedule 3 to the principal Act exceeds a participator's delivery proceeds

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