HC Deb 15 January 1998 vol 304 c305W
Dr. Whitehead

To ask the Chancellor of the Exchequer if he will review arrangements relating to the rebonding of oil terminals in order to encourage seaborne transport of domestic oil supplies. [22761]

Dawn Primarolo

No. These arrangements have been the subject of discussion with the oil industry for some time but the cost to the Exchequer of returning to rebonding is too expensive. It also has resource costs for Customs. The industry was compensated for debonding by the current duty deferment system, which allows monthly, rather than daily, payment of duty.