§ Mr. Ernie Rossasked the Chancellor of the Exchequer (1) what steps he has taken to prevent contractor finance arrangements being set against petroleum revenue tax by oil companies;
(2) in the allowances made to oil companies before petroleum revenue tax is due, what has been the total allowed to cover interest repayments on loans in each year since 1975;
(3) how many oil companies have applied for a waiver or refund on the amount of petroleum revenue tax they pay; how many have been granted; and what is the estimated cash value of such waivers or refunds.
§ Mr. Peter ReesI shall let the hon. Member have a reply as soon as possible.