BP Oil Development Ltd v Inland Revenue Commissioners.  BTC 8003
House of Lords.
Lord Keith of Kinkel, Lord Ackner, Lord Goff of Chieveley, Lord Jauncey of Tullichettle and Lord Browne-Wilkinson.
Judgment delivered 12 December 1991.
Petroleum revenue tax – Tariff receipts allowance – Oil company operating in North Sea – Tariff receipts earned from use of assets for transporting, processing and storing oil and gas for consortium operating in neighbouring oil field – Whether one allowance for all receipts from a particular field or separate allowances in respect of receipts relating to each asset used – Oil Taxation Act 1983, sec. 9, Sch. 3, para. 2(1).