§ Mr. Skeetasked the Chancellor of the Exchequer whether, in view of the breach of the 1966 agreement between the United Kingdom and the Isle of Man concerning petroleum revenue tax, Her Majesty's Government will compensate the Isle of Man for a reduction in its share of the revenue accruing to the United Kingdom from its share of the continental shelf.
§ Mr. MooreThe agreement to which my hon. Friend refers related to licence revenues and not to petroleum revenue tax. The Isle of Man has throughout received its full entitlement under the agreement.