SCHEDULES
SCHEDULE 15Oil activities: transferable tax history
PART 13Onward sale
87Original TTH amount transferred before eligible ring fence profits (subject to opt-out)
In the application of this Schedule for the purposes of the subsequent TTH election—
a
b
c
d
in paragraph 30(5) as it applies for the purposes of determining the total decommissioning expenditure amount in relation to a post-acquisition accounting period of the first purchaser, the reference to the purchaser is to be treated as a reference to the first purchaser;
e
references in this Schedule to a pre-acquisition accounting period of the purchaser include references to a pre-acquisition accounting period of the first purchaser;