§ Mr. Meacherasked the Chancellor of the Exchequer what has been the Government's annual take from North Sea oil and gas, respectively, at current prices and at 1980 prices each year since 1970; what has been the breakdown 253W each yew as between royalties, petroleum revenue tax, corporation tax and other sources of revenue; what forecast is made of each of these sources of revenue at 1980 prices each year to 1985; what percentage of net revenues, after deduction of development costs, is represented by the Government take each year since 1970; and what estimate is made for each year to 1985.
§ Mr. Peter ReesI shall let the hon. Member have a reply as soon as possible.