SCHEDULES

SCHEDULE 5 U.K. Allowance of Expenditure (other than Abortive Exploration Expenditure)

Claim periods and claimsU.K.

3(1)The Board shall by notice in writing to the responsible person inform him of their decision on the claim, stating in the notice—U.K.

(a)the amount of the expenditure allowed by them on the claim;

(b)the amount, if any, of that expenditure allowed by them on the claim as qualifying for supplement under section 2(9)(b)(ii) of this Act; and

(c)the shares determined by the Board to be the shares in which, in the opinion of the Board, the amount stated under (a) above or, as the case may be, the aggregate of that amount and an amount equal to the relevant percentage of the amount stated under (b) above, is divisible between the participators for the purposes of section 2(9)(b) of this Act;

and where the decision relates to part only of the expenditure claimed, or claimed as so qualifying, the Board shall give a further notice or notices in relation to the remainder.

(2)In this paragraph “the relevant percentage” means the percentage mentioned in the said section 2(9)(b)(ii).