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Oil Taxation Act 1975 Schedule 4 paragraph 6
Provisions supplementary to section 4(9) of this Act and paragraph 5(2) above
Schedule 4 paragraph 6 deals with the treatment of excess reduction amounts that arise when the total allowable expenditure for an oil field claim period has already been reduced to nil under the disposal and reuse provisions, but those provisions would have required a further reduction had there been sufficient expenditure to absorb it.
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