Clause 222 - Amendment of Schedule to Act 47 of 1974 - Finance Bill, 2016

PART III A MENDMENT TO THE O IL I NDUSTRY ( D EVELOPMENT) A CT, 1974 Amendment of Schedule to Act 47 of 1974 222. In the Oil Industry (Development) Act, 1974, in the Schedule, against Sl.No.1 relating to crude oil, for the entry in column 3, the entry twenty per cent. ad valorem shall be substituted.