SCHEDULES
SCHEDULE 15Oil activities: transferable tax history
PART 7Supplementary charge: recalculation of adjusted ring fence profits
52“Reduced ARFP amount”
1
2
To determine the “reduced ARFP amount” for the pre-acquisition accounting period—
a
calculate the total of—
i
the activated ARFP amount for the period, and
ii
the ARFP uplift amount for the period (see paragraph 54),