Revised share-out I'd sanctioned (10)
I believe the answer is:
authorised
'sanctioned' is the definition.
('sanctioned'->'authorized' is in my internal thesaurus and 'ize'->'ise')
'revised share-out i'd' is the wordplay.
'revised' is an anagram indicator.
'share'+'out'+'id'='shareoutid'
'shareoutid' anagrammed gives 'AUTHORISED'.
(Other definitions for authorised that I've seen before include "approved" , "Commissioned" , "official" .)