40. OIL TAXATION: ATTRIBUTION OF CHARGEABLE RECEIPTS AND ALLOWABLE EXPENDITURE

HC Deb 24 March 1986 vol 94 c734

Resolved, That, in any case where—

1. (a) tariff receipts or disposal receipts arising in a chargeable period ending after 30th June 1982, or
2. (b) allowable expenditure, within the meaning of Part II of Schedule I to the Oil Taxation Act 1983,

fall to be (or have at any time since the passing of the said Act of 1983 fallen to be) attributed to one of two or more oil fields and development decisions relating to those fields were first made on the same day, provision may be made for determining which of those decisions is to be presumed to have been made first.