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OT15580 | PRT: tariff and disposal receipts - definitions of connected person

From HM Revenue & Customs · Oil Taxation Manual

OTA83\S15(4)

The term, ‘connected person’, has the same meaning throughout OTA83 and uses the definition in ICTA88\S839.

In relation to tariff and disposal receipts, the term is relevant to the following:

  • OTA83\Sch2\Para2, consideration received by connected persons under avoidance schemes, see OT15400.

  • OTA83\Sch2\Para5, limit to tariff and disposal receipts where transaction between connected persons or not at arm’s length, see OT15450.

  • OTA83\Sch2\Para11, use by connected person, see OT15500.

  • OTA83\Sch2\Para12, purchase of oil at place of extraction, see OT15540.

With regard to the application of this definition to the ‘brought-in’ asset rules, see OT11700.