SECTION PART I.- PRELIMINARY 1. Short title 2 ... - Lexadin

up to and including 100 metres of water depth.………………………. 10
Operations in territorial waters and continental shelf areas
in water depth between 100 metres and 200 metres ………………….. 15
Operations in territorial waters and continental shelf
areas beyond 200 metres of water depth ……………………………….. 20
TABLE II Paragraph 6
Annual Allowance Rate Per centum
First year …………………………………………………….20
2nd year ……………………………………………………..20
3rd year …………………………………………………….. 20
4th year ……………………………………………………...20
5th year ……………………………………………………...19
6th year and after. …………………………………………...19
THIRD SCHEDULE section 42
TIME FOR PAYMENTS
1. In respect of the company's petroleum operations for the 1971 accounting period,
50 per cent of the tax shall continue to be payable in instalments on the basis set out
in section 42; the remaining 50 per cent of the tax shall be payable in six consecutive
monthly instalments on the basis set out in section 42(6)(b), the first of such
instalments being due not later than 30th September, 1971.
2. In respect of the company's petroleum operations for the 1972 accounting period,
25 per cent of the tax shall continue to be payable in instalments on the basis set out
in section 42; the remaining 75 per cent of the tax shall be payable in monthly
instalments.
3. In respect of the company's petroleum operations for the 1973 accounting period
and of each subsequent accounting period, the tax due for each such year shall be
payable in monthly instalments.
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FOURTH SCHEDULE section 9(1)(c)
Interpretation
of Forth
Schedule
1979 No. 95
1. For the purposes of this Schedule, unless the context otherwise
requires-
"contract capacity" means the maximum quantity of natural gas
expressed in MMcf to which a customer of a company is entitled in the
accounting period under an individual gas sales contract between the
company and such customer;
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