HC Deb 12 March 1973 vol 852 c1052

Motion made, and Question, That, for the purposes of income tax, corporation tax, and capital gains tax—

  1. (a) the territorial sea of the United Kingdom may be treated as part of the United Kingdom;
  2. (b) activities (including activities of holders of offices and employments) carried on in connection with the exploration or exploitation of the seabed and subsoil in a designated area within the meaning of the Continental Shelf Act 1964 may be treated as carried on in the United Kingdom: and
  3. (c) all profits or gains arising from rights, and all gains accruing on the disposal of rights, connected with such activities carried on in such an area or in the territorial sea of the United Kingdom may be brought within the charge to tax;
and any provision made in pursuance of this resolution may provide for the recovery of tax charged there under from persons other than those primarily liable for it.—[Mr. Barber.]

put forthwith pursuant to Standing Order No. 94 (Ways and Means motions), and agreed to.