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Contents

Official guidance
Oil Taxation Manual

OT05600 · PRT: commingling

  • OT05601 · Introduction
  • OT05605 · PRT treatment prior to 1 January 1987
  • OT05606 · PRT treatment after 1 January 1987
  • OT05607 · PRT treatment after 1 July 2009
  • OT05610 · Administration of the legislation
  • OT05615 · Information required under FA1987\S63
  • OT05620 · Review of commingled systems
  • OT05625 · Amendments to allocation methods
  • OT05630 · Substitution gas
  • OT05635 · PRT treatment of re-injected gas
  • OT05640 · Storage schemes
  1. PRT: commingling: contents
  2. PRT: commingling - administration of the legislation

OT05610 | PRT: commingling - administration of the legislation

From HM Revenue & Customs · Oil Taxation Manual

If each participator had provided details of the allocation methodology for existing systems at 1 January 1987 there would have been duplication of effort and detail. Therefore, following an approach through UKOITC, the operators of commingled systems agreed to supply information on behalf of the relevant participators, once the participators’ consent had been obtained. In July 1987 letters were issued to all participators detailing the information required. This letter was based on the prescribed details set out in the Controller’s note of 15 July 1987 issued as the duly appointed officer of the Board. The responsibility for providing information and for notifying future changes within the time limit remains that of the participators but as a practical matter LB Oil & Gas is content to deal with the operators who act on their behalf.

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