Allowable expenditure, assets no longer in use for the principal filed

Dedicated tanker/non-dedicated tanker


Disposal receipts

Disqualifying assets

Excepted assets, meaning

Expenditure on assets giving rise to

Expenditure relating to exempt gas and deballasting

General provision


Oil, meaning

Participators in UK sector

Qualifying assets

Qualifying existing field

Subsequent use of new asset otherwise than in connection with taxable filed

Tanker loading field

Transitional provisions

Transmedian fields

UK area, meaning