PRT is charged on the ‘positive amounts’ less the ‘negative amounts’OTA75\S2(2). The positive amounts include at OTA75\S2(5)(a)

the price received or receivable for so much of any oil won from the field and disposed of by him crude in sales at arm's length as was delivered by him in the period.

The amount ‘receivable’ ensures that the full contractual entitlement is assessed. It counters various arrangements that give the participator the benefit of the contract in other forms. Examples include

early payment discounts which have the effect of giving the seller part of the contractual value in the form of early use of the money,

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