§ Mr. ColvinTo ask the Chancellor of the Exchequer if he will list those organisations and individuals whom he has consulted during his review of oil taxation.
§ Mr. DorrellThe Government remain in contact with a range of parties interested in oil production taxes. For instance, my officials have had exchanges with oil industry representative bodies—the United Kingdom Offshore Operators Association and BRINDEX—and individual oil companies in devising the oil tax measures now before Parliament in the Finance Bill.
§ Mr. ColvinTo ask the Chancellor of the Exchequer when he expects to complete his review of oil taxation; and if he intends to report to Parliament before deciding what reforms, if any, to introduce.
§ Mr. DorrellAs with other taxes, the fiscal regime for oil production is kept under continuing review. Proposals are put to Parliament as appropriate.