§
Motion made, and Question,
That a tax shall be charged on the gross profits (calculated as Parliament may determine) which accrue from oil fields determined for the purposes of Part I of the Oil Taxation Act 1975 to persons who are, or are treated for the purposes of that Part of that Act as, participators in the fields.—[Sir Geoffrey Howe.]
§ put forthwith pursuant to Standing Order No. 94 (Ways and Means motions), and agreed to.