§ Mr. Rostasked the Chancellor of the Exchequer what is the estimated yield of petroleum revenue tax in each of the next five years which would result if the British National Oil Corporation were not exempted; and what would be the yield 407W when all the offshore fields in which it has participation have written off allowable capital expenditures.
§ Mr. Joel BarnettI shall let the hon. Member have a reply as soon as possible.
§ Mr. Rostasked the Chancellor of the Exchequer what is the estimated yield of petroleum revenue tax from the oil industry in each of the next five years; and what is the expected annual yield when all offshore fields now under development have written off allowable capital expenditure.
§ Mr. Joel BarnettI shall let the hon. Member have a reply as soon as possible.