Wales Act 2017 (c. 4)

SCHEDULES

SCHEDULE 6 U.K. Minor and consequential amendments

Part 2 U.K. Amendments relating to onshore petroleum

Corporation Tax Act 2010 (c. 4) U.K.

25 (1) Section 332DA of the Corporation Tax Act 2010 (restriction where field qualified for field allowance as new field) is amended as follows. U.K.

(2) In subsection (5), for ““OGA”” substitute “ relevant national authority ”.

(3) After subsection (5) insert—

“(5A) The relevant national authority” is—

(a) where the relevant project relates to a field that is wholly within the Welsh onshore area (as defined in section 8A of the Petroleum Act 1998), the Welsh Ministers;

(b) otherwise, the OGA.”

Commencement Information

I1 Sch. 6 para. 25 in force at 1.10.2018 by S.I. 2017/1179, reg. 4(b)