Related Commentary  

185(A1)  In this Part of this Act–

“non-taxable oil field” means an oil field which meets the conditions in subsection (1), (1ZA) or (1A), and

“taxable oil field” means an oil field which is not a non-taxable field.

185(1)  An oil field meets the conditions in this subsection if it is an oil field–

(a)for no part of which consent for development was granted to a licensee by the Secretary of State before 16th March 1993; and

(b)for no part of which a programme of development was served on a licensee or approved by the Secretary of State before that date.

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